BDM 0.00% 11.0¢ burgundy diamond mines limited

How Cott will earn 25% of a billion dollar takeover!, page-2

  1. 499 Posts.
    Slow down

    If they find a resource, great. But a long way to go!

    All we can do is manage risk. This stock is basically at cash backing, and anything they find will only increase that valuation. But if they find nothing, then downside risk in theory should be limited.

    If they find something great, we'll go along for the ride. No idea if that's likely or even possible with this tenement in Peru, wait and see. Share price will tell the story
 
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