BDM 0.00% 11.0¢ burgundy diamond mines limited

any holes?, page-2

  1. 7,638 Posts.
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    Gday Blam
    The stock market sure is a strange beast.
    If Cott had of spent $50m drilling a well and turned up a 800 bcf resource I am sure they would be trading north of 50c now.
    As you rightly point out management pulled of a coupe to get a major stake in 800bcf for virtually no money down and the market seems uninterested ???? Go figure !

    I don't think the sulphur content is a significant issue, companies like Total have been dealing with 'sour' gas for ages. I also think that if anyone seriously thought it was a major issue companies like Talisman would not have continued to pursue Pandora, particularly given that they are in the process of divesting many assets.
 
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Last trade - 16.10pm 02/12/2024 (20 minute delay) ?
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