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Bullboard - Stock Discussion Forum American Bonanza Gold Corp ABGFF

GREY:ABGFF - Post Discussion

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Post by jagster1234 on Apr 23, 2012 2:38pm

hello

hello everyone.... i'm new to this board and am thinking of investing in this stock bza , do you think this is a good entry point....have we reached bottom? any comments would be appreciated
Comment by Smiles48 on Apr 23, 2012 3:39pm
Sold 9k @ 0.385 at open and bought back at 0.37.  I have another 5K left at 0.385, and more higher.
Comment by Smiles48 on Apr 23, 2012 3:43pm
I will play it for a penny or so until I see news.
Comment by ozzy5 on Apr 23, 2012 4:21pm
Buying on the dips (below .38) looks like a very good long-term bet to me. Sprott likes Copperstone.  
Comment by waru on Apr 23, 2012 4:54pm
BZA's management could do a better job of keeping investors informed. Management have shown a propensity to dilute shareholder equity. They seem to be generous in the granting of stock options. Currently there is a large amount of cheaply priced warrants outstanding. While the mine  has high grade ore, the current proven mineral resource indicates a relatively short mine life,  ...more  
Comment by agmetalhead on Apr 24, 2012 9:06am
If you are seriously thinking about buying stock in this company then I can say for certain you have reached bottom. Go for it!
Comment by Smiles48 on Apr 24, 2012 11:05am
85 just sold a very small lot to me at 0.37, and it's pegged as a "W" trade, meaning that he is not done selling, he has either a hidden sell order or iceberg.
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