BDM 2.78% 18.5¢ burgundy diamond mines limited

General Chat, page-806

  1. 2,631 Posts.
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    nice break out of the triangle, then a retest of the resistance line. now its looking like blue skies ahead in the short term as we begin a new uptrend.

    plenty of cash at hand. ellendale coming into production in next 2 months. plenty of inventory and sales already begun. We should generate multiples on our rough and will command a higher MC based on conservative earnings ultiple, although i'm not sure what would be considered reasonable for a diamond miner. between 10 and 15x?
 
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