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American Bonanza Gold Corp ABGFF



GREY:ABGFF - Post by User

Bullboard Posts
Comment by AARMYon Jun 29, 2005 11:43am
178 Views
Post# 9223652

Re; Gibbons

Re; GibbonsA tad bit of information you may find usefull here: BZA did a reverse 4:1 split to accomodate the merger. When one uses a calculator: this means that if you bought at 0.15 cents, your actual cost is 0.60cents. This also means a "paper loss" of 30% as of today. Don't congratulate those you bought at 0.20cents as that is equal to 0.80cents and a 50% paper loss so far. Maybe that reverse split will put some perspective as to why there's all the complaining. The only way your "in the money" is if you bought your BZA below a dime. And we know that not too many people did. CHEERS!!
Bullboard Posts