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Bullboard - Stock Discussion Forum American Bonanza Gold Corp ABGFF

GREY:ABGFF - Post Discussion

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Post by sadone on Feb 16, 2012 5:54pm

metalhead

You sure rant a lot, I have had questions and called the Co. and had my call returned within 24 hours for the most part.  DD man DD. Is it 3 bucks yet?
Comment by agmetalhead on Feb 16, 2012 6:16pm
Are you blind like blueyes? Ive done my DD U DH. We can't hold $.50 much less make a $1. The PR department is MIA the mining contractor got fired last year and Jim cant run a loader to fill the dump trucks that carry ore.  We've gone from being debt free to being gold hedgers. How do you expect to see $3?  Hummm?
Comment by hassy on Feb 16, 2012 7:47pm
agemptyhead, are you for real? first the banner, now you are going play your looped recording on hedging? total amount hedged less than 10% of the annual production. you really should not be buying stock. GIC and daily saving account is the only suitable investment for you. YES, bank do have banners/ posters/ radio ads on GICs. please go away. a long term shareholder (not happy) but annoyed by ...more  
Comment by agmetalhead on Feb 17, 2012 11:25am
Just like a liberal...ignore the problems associated with mismanagement and they will somehow fix themselves...10% hedge of annual production is alot in the real gold mining world. You from mars? 
Comment by agmetalhead on Feb 17, 2012 11:29am
Another thing I should bring to your attention...we don't have annual production just a projection and that was thrown out the window when they fired the contrator so they can pretend to do it themselves.  Everyone in office was issued a tanka toy to play with for that purpose.   
Comment by sadone on Feb 17, 2012 1:13pm
They fired the contractor, I'm sure you have mentioned it at least 10 times now, you must work for them? they sold 10% of production of one year, not every year, get over it.  IMO it was the best course, better than dilution or loan. Are sure the contractor would have completed their work on time?  Maybe BZA figured they could save a million by doing it themselves, either way, the ...more  
Comment by agmetalhead on Feb 17, 2012 4:19pm
"the gold is in the ground". It should be mined but its not. They fired the contractor to save production cost but now there is no production. Where is the savings? To raise cash to pay bills management had to sell forward future production problem is there is no production to complete the transaction because they have no mining ongoing because they fired the ...more  
Comment by camphor on Feb 17, 2012 4:39pm
Does anyone has the webpage saying the company fired the contractor? I can't find it. Thanks
Comment by shakingmyhead1 on Feb 17, 2012 6:46pm
. . Sorry to have to post this but facts are facts, its from the Oct 27 2011 NR, I think end of 2011 was to be in full production, i am still holding on to my shares as this company will be profitable! Please guys lets try and calm the arguing posts down in here. .Copperstone remains on track for a fourth quarter, 2011, mine and mill startup process, with the goal of achieving full production ...more  
Comment by agmetalhead on Feb 17, 2012 7:06pm
I aint arguing just stating the facts as they are.  Nothing to be proud of either. .Copperstone remains on track for a fourth quarter, 2011, mine and mill startup process, with the goal of achieving full production rates by the end of the year. NOT even close! Bonanza and Mining & Environmental Services LLC (the "Contract Miner") have mutually agreed to terminate the Mining ...more  
Comment by camphor on Feb 17, 2012 7:17pm
Thanks for your reply, I bought my shares way after that NR, no wonder I didn't know this. Thanks again  
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