American Bonanza Gold Corp ABGFF

Copperstone vs Fenelon

[bizwiz]

While I held a casual interest in BZA for quite some time , it was quite a surprise for me what was declared some while back when it was formally announced the fusion of BZA with some unknown partners deemed as having properties with even more promise than Copperstone. Mind you that what was of even greater surprise was the subsequent formal asessment of the value of Copperstone considering what was well known (and published) in 2003 leading to the understanding that a multi million ounce deposit was in the course of more in depth delimitation. Furthermore the news which came out on Fenelon (despite some noteworthy intersections) lead to the understanding that in essence the deposit despite formally containing a million ounces of gold was basically a low grade ore body which fortunately had enough tonnage to make it a million ouncer... My impression with this company is that something happened which wasn't beneficial for shareholder interests...