Post by
FinDiamond on Dec 22, 2023 4:14am
Burgundy
https://rapaport.com/news/sales-strengthen-at-canadas-ekati-diamond-mine/
I have no doubt Burgundy will develop to a 4 billion market cap as they plan. That could help ADD a lot
Comment by
Ekatikki on Dec 22, 2023 6:02am
Thx, FinDiamond for the article. Things are quite alive there. ADD quote seems to strengthen a bit in the last days. Had the chance to buy 500k in one go on monday @ 0.01 when the offer was stuffed with a few millions of shares. After that the 0.005 level on the bid wasn't seen anymore. Let's hope we saw the bottom. Eka
Comment by
Ekatikki on Dec 22, 2023 6:14am
FinDiamond, Is the flaw in the equation not the fact that Burgundy is the only real possibility to buy/cooperate with ADD? So that it will hold down the price with no other competitors in the field. Burgundy in the driving seat. Eka
Comment by
Ekatikki on Dec 22, 2023 7:29am
My best Xmas wishes too! Maybe we'll find a nice present under our tree one of these days. :-) If not, 2024 will give us the answers. Eka