Bluerock Diamonds Share Discussion Threads

[dave4545] 04/4/2018 08:51

BIKWIK

Moneytree1 is knows as runawaypaul or purple11

He uses around 5-15 names though, nasty individual, pumps up stocks conning others with multiple names, then when he sells he uses other names to deramp the stock.

[moneytree1] 04/4/2018 08:46

Too busy out shopping on the recent windfall.

[thevaluehunter] 03/4/2018 19:27

"The Company intends to move to quarterly reporting of production and sales going into 2018, with the first update expected at the end of March 2018 in respect of the January, February and March tenders and production since November 2017."

The first quarterly update is late, why say it's expected in march when you don't have to.

[hazl] 03/4/2018 07:46

spreadex reducing....to be welcomed I think.

[hazl] 29/3/2018 09:03

Ah a bit of blue at last.
Some things are worth waiting for.
Let's hope BRD is successful!

[moneytree1] 28/3/2018 10:21

well put your money where your mouth is and buy some then!

[bikwik] 27/3/2018 15:45

Major buying opportunity i'd say in BRD around this area, could see the mid 1.4's I suppose but this looks like the end of the cycle of three pattern, give or take a few days.

[hazl] 21/3/2018 13:15

I AM STILL LIKING this little company.....we'll see.....

[bikwik] 20/3/2018 11:04

You tend to need three cycles before a stock is ready to move from a non-trending mode (where we are now) to a trending mode. Quite often a head and shoulders type pattern forms at the end of a long downtrend and turns out to be a base area rather than a top. In this case its not quite that as the first cycle has a high point higher than the 2nd cycle peak. However, three cycles tend to be common in both cases.

I think the 1.5p placing price was about right if you look at the chart. That level is a very good place as far as support is concerned.

Are the directors in it for themselves. Well, yes I suppose they are - particularly as they have approx. 26.4 million shares between them - Adam Waugh 6.5m, David Facey 5.6m, Paul Beck 4.6m and Tim Leslie 9.6m. Oh and Adam Waugh last bought 1.7m shares in November at 1.75p - above the placing price.

So I would very much think that all four of them, at least, want the share price a lot higher than it is now. So I'm happy to sit here and be along for the ride.

[thevaluehunter] 19/3/2018 17:37

Something doesn't add up they said they were profitable on k2 in autumn last year and the grade has improved since then but they still need more cash. Are the directors just in it for themselves with this one?

[hazl] 19/3/2018 16:39

It's only a few..........not a problem imo

[moneytree1] 19/3/2018 16:35

placing at 1.5p

typical AIM junk.

[hazl] 19/3/2018 13:06

ITS THE HIGHER GRADES I'm looking forward to.

[bikwik] 19/3/2018 11:04

Yes, its looking better. Results for Dec-Feb - Mar? next week. Maybe running ahead of those. We know that these cover the rainy season in SA - Adam Waugh said they lost about 10 days, though less disruption than last year. Not expecting any miracles yet, but production should be ramping up and grades too.

Tone of statement should be bullish for 2018 I would have thought. Maybe also some news on the Visser situation.

Chart is looking very constructive. While its still stuck in a sideways basing pattern, its getting closer to upside breakout. I did say 2.40p, i'd tweak that a bit to 2.50p (mid prices). I don't think its going to break higher on the figures (hope i'm wrong) just yet, as it looks to me like it needs to chop around a bit more before its ready to sustain a new uptrend.

The chart of diamond prices is consolidating sideways after its recent rise ahead of the next break higher. This is now in an uptrend.



Its bounced nicely three times from the previous strong resistance at 118 after trending higher from the September low. So with any luck the $362 base case price per carat that Waugh was using for the 2018 budget will be too low.

So with the production increase and higher grades, this gives a triple whammy. If Visser had any sense, he'd drop his futile case and buy some shares!

[hazl] 19/3/2018 08:23

Every little helps as they say..........

[hazl] 16/3/2018 09:16

There is definitely more interest now it seems to me.

Those trades seem to be scattered in rather the wrong columns in places
though!
Clearly a mixture of buys and sells but enough buys to send us in the right direction by the look of it!

[hazl] 12/3/2018 21:14

Yes but I guess it can work both ways!
When and if things improve.

[adorling] 12/3/2018 12:06

Someone's got bored and offloaded 235k shares (£4.2k) and we are down over 5%. BRD is quite illiquid really.

[hazl] 12/3/2018 08:45

PERHAPS the diamond market is looking up.
I see STEL has been taken out or had an offer.

[moneytree1] 09/3/2018 09:57

zzzzzzzzzzzzzzzzz...........................