BDM burgundy diamond mines limited

New Positive Thread

  1. 199 Posts.
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    Hi to all the holders, yes I am still here. I was just getting a little annoyed with all these non holders wasting their time trying to talk this stock down.
    If you have never owned this stock or have and have sold and don't own anymore, what business do you have wasting your time posting misleading posts unless of course you want to buy back in a cheaper price.

    The important thing to note here is that this is an industry wide issue (when I say industry wide I mean complete) to try and single out burgundy as like they are in some serious trouble is complete exaggeration, here's why. They have reacted decisively as anyone would, creating a leaner operation to keep the valuable cash-flow moving along in a sustainable way. And with regards to the whinging ex employees who want all their money in one lump sum so they can go to their igloos and buy a stash of that 'funny' stuff well stuff them, as long they get get their money what difference does it make if they have to spread it out over a few installments. They weren't complaining when times were good and they were paid generously along being pandered to as the face of an inclusive employer. Any disciplined business would take this path, which leads me to believe that Burgundy will not only get through these times but will be set up to slingshot upwards once industry conditions improve which they eventually will as does anything else over time.

    I joined in on a conference call a while ago and put a question to M'OK, his ruthlessness and straightforwardness in answering the hard questions showed to me that he will see this through no matter what. What did he say, well if people want to sell and not stick around then that's their choice, he will not do what other's try and do and prop up stocks artificially- he is a firm believer in letting the market do it business while he does his. He reaffirmed his total commitment to the company including supporting it in many and every other means available not including the aforementioned. This will be his legacy and he knows that better than anyone. So bloody yes, I would be nibbling up at these crazy lows, unless you all believe reading all the garbage out their that diamonds will be virtually free in a few years.

    With the nearby mines closing up soon, and consolidation and downsizing happening all over there will be some action and a re-balancing of the market at some point in the near future, in my humble opinion Burgundy will be like the great 'Steve Bradbury' in the 2002 winter Olympics, the last man standing.

    Just my thoughts, I hope your all well and take care my friends. Do your own research as I have, and please only comments and threads if you have skin in the game (O:
    Peace Out!
 
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Last
2.4¢
Change
0.000(0.00%)
Mkt cap ! $34.11M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
4 625839 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 20000 1
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Last trade - 16.21pm 09/09/2025 (20 minute delay) ?
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