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American Bonanza Gold Corp ABGFF



GREY:ABGFF - Post by User

Bullboard Posts
Post by TheHippyon Jun 22, 2008 7:56am
340 Views
Post# 15214049

options

options     Even though this stock is in a strong technical position, their outstanding options are keeping the share price artificially low at the moment. there are 2 1/2 million shares optioned out at .14 and close to anothe2 2 1/2 million at .22 redeemable anytime before 2013 and 2012 respectively. BZA shows a strong accumulation has taken place and the share price does not yet reflect that or its 59 million dollars in assets with 115 million shares out. In the short term it should still rise to about the 20 cent level, but its long term position is much much stronger. anyone who can buy in at 12 cents or lower is guaranteed to turn a hefty profit on this one. Those of you that bought in at higher levels need to be patient...it will eventually be a 4 or 5 dollar stock a few years from now....volume precedes price...always...and the numbers never lie...do the math and feel comfortable that you have bet on a sure winner here.
Bullboard Posts

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