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Bullboard - Stock Discussion Forum American Bonanza Gold Corp ABGFF

GREY:ABGFF - Post Discussion

American Bonanza Gold Corp > Tried to sell us down
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Post by cdnkeswick on Feb 25, 2013 11:18pm

Tried to sell us down

Looked like someone tried to get a panic sale going just after the news release ( big volume) but it did not work. I think that is a good sign.
Comment by Smiles48 on Feb 26, 2013 7:52am
Could be wrong but the high volume selling is just swapping going on between someone leaving the company and another (insider) who is willing to take those shares. It did produce this month, but only 50% of the presious month, it's as if the mine was closed for 2 weeks out of 4!!!!  They were really that sick?  Where I'm from mining guys are the dirtiest guys in town and there is ...more  
Comment by Smiles48 on Feb 26, 2013 8:32am
At 0.14, the mine is worth $32M, wow anyone could buy that mine!!!  I'll see if I can get a loan from the bank...  Wow did you guys see the number of directors on the board, geez, time to clean house here.
Comment by cdnkeswick on Feb 26, 2013 10:00am
I read that 1 in 3 people in Arizona had the flu. I also read that this years flu shot was not that effective for the flu virus that was or is out there. 
Comment by Smiles48 on Feb 26, 2013 10:33am
ya right, while the flu was rampant everyone here was calling Jim to get some feedback, did he mention that there was a flu going on and that 50% of the staff was off sick, thereby affecting shipment?  No when people here called, all they could say is Jim sounded very enthused.  In the meantime he was probably selling from .19 down to 0.145. Check the chart out, and you will see that it ...more  
Comment by quat on Feb 26, 2013 10:53pm
Did you even bother to call BZA When I did as I do every 2 to 3 weeks Jim told me that a large number of the workers had the flu and production was down because of it I also noticed you have over 100 ignores   Add on more   quat
Comment by Z06 on Feb 26, 2013 11:46pm
Hard to beleave that you had news about this from Jim & didn't tell anyone about it till after the fact.
Comment by azminer on Feb 26, 2013 11:54pm
good point, if you knew why the heck would you not say anything?  I love these posts
Comment by Smiles48 on Feb 27, 2013 12:33pm
quat, FYI I did call Jim, and just like others he sounded enthusiastic over the phone, but he never gave me the info that you got.  Believe me, had I known, I would have sold everthing and bought back later, because you have to admit, that is (was) bad news.  I think you were very lucky to get that info (although illegal), and hope that you took advantage of it. cheers buddy.
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