American Bonanza Gold Corp ABGFF

A few observations

[18tee20]

1) Upgrading resources to be 43-101 compliant is a very good thing. At least we got something out of this very tardy "prefeasability study" which was so very unceremoniously down graded to a 'Preliminary Assessment". If it takes any where as long to prepare another future prefeasability study as it took to do this one, I don't see how it couldn't add a minimum of 6 months to the time line for copperstone production. 2) Frankly, I must admit that I have witnessed precious little progress so far with Bza since the merger with its. It seems as though everything is intentionally dragged out as long as possible. That could finally change perhaps, if we get some respectable drilling results from Fenelon in any reasonable quantity. So far this company has exuded an extreme ability of the preverbial carrot hanging in front of the nose of a donkey. Significant news will be here in 3 months. Only to find after 3 months that significant news is still only 3 months away. Mepatriot, I empathize with your frustration. I guess we wait and see, but I am starting to wonder if this company will ever reach the point of delivering significant news, or whether Bza's existance is just to suck stock holders of their funds with eternal shallow promises. As for me, I better find out something significant over this next 3 months or I will sell what is left that I didn't already sell to Rodil today. (15% of my position). 3) Look for more share dilution again shortly to fund the additional copperstone drilling that was requsted/suggested in the just completed study. I saw no indication that Bza intends to develop any property before Copperstone, so prepare to fund more drilling at copperstone soon. 4)I don't know why anyone would talk negatively about a stock they owned, I guess it just means we are getting that fed up with the precious little progress by this management team. Maybe we'll get lucky and see a significant drill report from Fenelon inside the next 3 months. I'm with Kent, I'll try to turn back positive again in a couple more days of stewing, but quite frankly I didn't much to hang our hats on in this long awaited study.