BDM 4.55% 10.5¢ burgundy diamond mines limited

2023 Discussion, page-231

  1. 507 Posts.
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    Hahahno ill say look at the mess that is GIB, it has done nothing since inception. Not shitting on holders as you suggest but laughing about how they stick their nose in here when GIB is more likely to go broke than to ever do anything of substance, and holders have wasted years while it does very little to maybe make very little from a tiny mine.

    The market is unlikely to get excited here as it has been said until mine life has been increased.

    Anyone who expected this to rocket was kidding themselves as it was a huge raise and loads of old holders to flush through who were trapt in the suspension.
    Not to mention GIB has been selling so need their holding to clear out.

    Rough market for commodities is also clearly a factor but this mine is currently printing money just need to shore up the reserves.

    Keep in mind the CEO was already a part of the company that owned the asset. If say its safe to assume they know that the life of mine will be increased, just need to tick the boxes to make it official.
 
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10.5¢
Change
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11.5¢ 11.5¢ 10.0¢ $266.5K 2.530M

Buyers (Bids)

No. Vol. Price($)
16 1855155 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 126261 1
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