RE: What we gave up! And now for the facts :
September 13, 2011 -- American Bonanza Gold Corp. (TSX: BZA) (OTCQX: ABGFF) ("Bonanza" or the "Company") is pleased to announce it has sold its shareholding of 4,500,000 common shares of Balmoral Resources Ltd. for gross proceeds of $4,950,000. The net proceeds will be used for exploration and development and general working capital.
Let's see...... $4,950,000 / 4,500,000 = $1.10 a share back in September of 2011. In other words, they made a very shrewd sale as Balmoral got absolutely G/d KILLED ( look at the chart! ) along with every other resource stock over the ensuing 11 months. And $1.10 is still more than the current BAR.V price, even after this last nice "pop". You'd rather they'd have gotten $.51 in June or $.52 in July, maybe ???????????????????????????
Some cheese with your whine tonight ?