Peregrine Diamonds (PGD-T)

He bought within the last three weeks. He has had nothing, but success with the management even if failures in the commodity. It is not for the faint of heart.

(Top Pick Mar 7/16, Up 40.74%) It has been a disappointment. They did not raise the capital they wanted. They are going to do some more drilling. It is one of the best diamond discoveries in the last 6 years. There is no caribou migration problem in this area of Baffin Island.

This is on Baffin Island. Unfortunately, the results have been so good that the Friedlands have decided to do rights offering’s at ever lower prices. The last one at $0.10 is probably the last one.

This is the most exciting of the new Canadian diamond discoveries. Has access to cash to continue. He is not personally fond of sole risk exploration, particularly in the far North for diamonds, but wouldn’t discourage people who can afford the speculation associated with diamond exploration.