Botswana Diamonds Share Discussion Threads

[fenners66] 16/6/2017 08:33

On the plus side , whilst SA may want 30% black ownership of mines, there is no mine here.....

[elmfield] 16/6/2017 07:52

South African mining code ideas put forward yesterday
hit the market hard, nationalisation in any form
will send S Africa to the bottom of the poorest
of the poorest countries. Not help us either!

[fenners66] 15/6/2017 17:12

Well if Mick has not yet sold, it looks like others have.

Always tomorrow , things are always just around the corner ....
Why wouldn't you lose faith they are always doing the same thing.

You may say they have been successful before , but that's where you have to aggregate all the businesses and see the true track record, hence their reason for trying to separate them, what is it 1-5% success?

[fiachra] 15/6/2017 16:39

Mickluv1. You were not mistaken. In his interim report of 27/3/17 JT said that they had drilled three verification holes on the Maibwe prospect on behalf of all the joint venturers. He said that analysis should take take two months which time period elapsed circa 20 Days ago. I am surprised that you should consider pulling out before the result of this, our flagship prospect, was known. Can you ascertain the result of the analysis of these three holes which will be a company maker or breaker?

[mickluv1] 15/6/2017 08:44

It was my understanding that they had carried out some more work yes! I might be mistaken though if I am I apologise!

[fiachra] 15/6/2017 08:37

Mickluv1 You say results should be due soon . Has there been drilling recently in Maibwe?

[pjl4] 15/6/2017 08:30

Here we go again.....

[mickluv1] 15/6/2017 08:27

I have sir no those results should be due soon too and I hope hat hey are good, I haven't pulled out just yet but for me it's been 2 years of oh we need to investigate further, we shall see I guess I was a little down following the markers reaction to our good news this week

[fiachra] 15/6/2017 08:25

Mickluv1. Have you forgotten about Maibwe?

[elmfield] 14/6/2017 10:07

Fair enough.
Spread it around! G.L.

[mickluv1] 14/6/2017 10:06

Elmfield I've been in here 2 years now and TBH believe there is potential here I just can't afford to wait another 2 years for an outcome! Me thinks I'll be better off cutting my loss for now and coming back later..... I hope you guys get the positive result you deserve and who knows I maybe back GLA

[fenners66] 14/6/2017 09:58

Mick - at last a decent post from you. Not being cheeky I mean that.

But that is the point I have been trying to make all along, what if they actually think its more likely to be bad news would they say or would they play it cautious and await further results?

If they were spending their own cash I'm sure they would want to get to the speediest outcome for the least cost.
If they are spending someone else's cash then taking their time and exploring every avenue would be the route.
Where is the incentive to reach a speedy conclusion?
If diamonds are in the ground they will still be there next year, if not then what the heck?

Overall true to form this (despite your optimism before the RNS) is their modus operandi , seemingly more intent at remaining in the game then winning it.

[elmfield] 14/6/2017 09:54

Looks like it but there better to underplay than over egg the pie!
Us long term holders are not really bothered.

[mickluv1] 14/6/2017 09:36

I must say yesterday's RNS appears to have been a disaster! I can't understand why something so positive was presented in such a way as to leave holders hanging on for what will be another 6-8 months! I would have also expected the results from our Brightstone interest too but that was to no avail! Waiting it is then?!

[fenners66] 13/6/2017 15:15

Properly read through previous posts....

[chapchip] 13/6/2017 14:54

where does it say its on HOLD ?

[fenners66] 13/6/2017 14:23

Something to do with every announcement amounting to - come back later ......

[talkman2] 13/6/2017 14:22

Now down . This company is a waste of space .

[euclid] 13/6/2017 14:05

Looks pretty encouraging to me.

I'd be wary of making commerciality comparisons between mining in the frozen Canadian north and South Africa. Mining costs are a big factor.

[jecs] 13/6/2017 13:05

"The only way that Botswana is going to have a long and continued proud history of diamond exploration and diamond mining is to spend money on diamond exploration, Botswana Diamonds MD James Campbell said on Tuesday, when he urged the country to adopt the Canadian flow-through incentive scheme to boost the funding of exploration risk."


Botswana determined to become investor friendly – Minister

[jecs] 13/6/2017 12:43

Short lived spike on the rns.

[mickluv1] 13/6/2017 12:08

Wow that's a rapid turnaround today maybe good news filtering out of Botswana......