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Bullboard - Stock Discussion Forum American Bonanza Gold Corp ABGFF

GREY:ABGFF - Post Discussion

American Bonanza Gold Corp > Bizwiz, these chumps skated too long
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Post by whiskeyjack on Jun 14, 2012 12:01am

Bizwiz, these chumps skated too long

on thin ice. That interview that Kirwin did with Taylor was pathetic. You could hear the lying between the teeth and overall lack of confidence.

I've lost a chunk on my 38 cent buy after I sold at 69 and 54. I thought there might be light at the end of the tunnel but this leopord doesn't change its spots. Fooled big money like National with their 61 cent warrants and Sprott. Unless Eric is pressing for a distressed buyout.

Would love to see someone smart pick this up. Wouldn't mind losing my grubstake just to see an ugly cardinal lose his frock. That is one messed up individual.

Comment by Z06 on Jun 14, 2012 9:12am
I emailed the company a week ago & still no response. What does this Bagwell do for a living? This is getting old.
Comment by staolin on Jun 15, 2012 12:57pm
Indeed, a lot of people fooled on this. It doesn't help that their public releases are continually completely misleading. It has to be intentional as it continues. It's not like progress is just taking longer than expected, it's that what they report is deliberately misleading.  
Comment by bizwiz on Jun 15, 2012 3:29pm
Well, there is a news release making us grasp that things are advancing past planning stage with full production around the corner. There ios also mention of a gold loan.Mind you a gold loan at 12% interest is better for shareholder equity than converting warrents at  45 cents (which , if I'm not mistaken, won't happen before expiration in july. Thus, beware those that would dare risk ...more  
Comment by bizwiz on Jun 16, 2012 1:43pm
Thanks for the link to the tsx blogspot. It definitely has is grasp that insider buying is a faithful indication  of corporate health. In that regard a lack of interest seems to provoke the results of the likes we observe when outsiders take note of insider interest to either jump on the bandwagon or jump off.... Mind you, some people tend to avoid looking out of focus acting like typical ...more  
Comment by bizwiz on Jun 18, 2012 5:21pm
Good luck everyone. Hopefully the equity isn't swamped after conversion of the warrents !  Once folks convert they tend to sell instead of keeping with the hopes for a better moment to capitalise on an upward trend.  Like I earlier stated , I have a casual interest in the market and thus don't show the seasoned attitude of those which know exactly what is a happening . Although I ...more  
Comment by Antennae1 on Jun 18, 2012 5:52pm
Just FYI, most people won't exercise warrants at 45 cents and then sell those new shares at 30 cents unless they intend to lose money.  So unless the share price makes about a 50% move higher in the next few weeks, a tremendous amount of warrants will be expiring. That means no warrant conversion money will be coming in to the company next month, of course, but it also means the stock ...more  
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