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Message: Tischendorf Letter Issue 115 - November 10, 2010

Greetings!

I just bought: PGD.TO - Peregrine Diamonds @ around 2.59 - Stop Loss @ around 2.39

PGD.TO just closed its recent private placement. The chart looks like it might break out to the upside after a long consolidation which looks like a big bullish cup with handle pattern. Entering here offers excellent risk reward with a rather tight stop loss.

I will add a chart to my public list later tonight. In the meantime you can check the Diamonds Sector Overview Chart including PGD.TO:

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID2791469&cmd=show[s195200800]&disp=P

A great way to support my work is to tell your friends and family. Thank you!

Positions:

DNN - Denison Mines

PGD.TO - Peregrine Diamonds

TMB.TO - Tembec

UEX.TO - UEX Corp

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