American Bonanza Gold Corp ABGFF

Watch for financing to close soon...

[Ranger56]

as this will be the chance for BZA to move foward and recover. I would expect this to come out shortly. It was due to close Sept/16 to get $5M to fund more equipment and cap ex to increase production. They need to increase production to reach positive cash flow soon. So although dilutive, the financing will be good news to give them a chance to break through. From there they have one more chance to execute and continue the recent trend of production increases. I hope these guys make it. Its been 10+ years, they have a mine, and they are producing.

[Smiles48]

Obviously, they did not get the financing they aimed for.  Otherwise it would have been closed by now.  More rough waters ahead.

[Ranger56]

Think about it. Why would they say so clearly in the Sept/6 Mine progress report that the Financing would close by Sept/16. Don't you think that it is all but wraped up to make a statement like this a mere 10 days prior. Smart guy like you should play the odds, the odds are they will close. Don't get too excited that the press release is not out yet, coming soon. Just pay attention over

[Z06]

Ya, smartin up stupid basher