Peregrine Diamonds Ltd. PGDIF

Vision

[cudjo]

true that kodi, however, been an ugly step sister since the no free look enticed DeBeers to say goodbye and 3 destructive rights, I know, they are not dilutive, cough.  Time for some lipstick on this pig.  Wonder if they had not forced DeBeers hand, does anyone think they would have bailed?  If not, and the 50+ million they were committed to if they stayed, would this be moving forward as a mine now, or would there still be earth moving?  Would the share price be closer to reflecting the 22 million carats assumed? SFA to talk about until the new PEA.  Anyone?  Good luck.

[mill44]

Looks like the window has closed for raising funds. If those talks lead nowhere, you can forget about a summer program. Maybe they should have paid a bit more attention to the optics, even if they are nothing more than perception.

[cudjo]

mill, it was June when they announced the summers program last year, with the bridge financing from Eric, then the rights in July, so a summer drill program still within sight IMO.  Will be no winter program this year though.  Good luck

[cudjo]

chewed through the 14, not much at 13.5 on my screen, another 70K,  kodi, do you have level 2?  Thanks in advance.

[mill44]

Hard to raise funds when the stock is in the low 10s.

[cudjo]

agree, see your point, 6-8 cents rights anyone?  Wonder if Sprott would back stop that?  

[mill44]

Maybe another of those glass half full moments? If they wanted to do a rights offering, they would have used the opportunity the run-up offered them? The talks might be going very well perhaps.

[cudjo]

possible, I do think DeBeers would be in the mix, also think they expect traction with the new PEA, then a rights, they have done that before.  At this point I will take a glass half full.  Zero activity from insiders etc.

[griefman]

Sorry, better late than never: PEREGRINE DIAMONDS LTD. (CA:PGD) Size Bid Ask Size 26000 0.140 0.145 31500 64000 0.135 0.150 73500 72000 0.130 0.155 42000 89500 0.125 0.160 100500

[cudjo]

thanks kodi, anyone wanting to dump about 25-28K worth and this is under 12 cents. good luck

[griefman]

Or buy that same aprox amount and it’s over .165!! Depends on how ya look at it, me thinks....

[cudjo]

lets hope for some news before PEA then ;)