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American Bonanza Gold Corp ABGFF



GREY:ABGFF - Post by User

Bullboard Posts
Comment by botfedon Nov 09, 2009 4:46pm
237 Views
Post# 16468736

RE: RE: Strong Management Team

RE: RE: Strong Management TeamIf it's any consolation to anyone, the current chart pattern of BZA is a lot like Abacus Minerals [ V.AME ] as of late July. Subsequently, Abacus stock took off. (It's a copper explorer.)

Of course, a jump in BZA's contingent upon the you-know-what being disseminated. However, Abacus got stuck when copper was rising; gold, as we all know, is rising. Maybe I'm in hope-and-dream mode right now, but there is a parallel - perhaps because the more scarred guys in the exploration market are wondering if the gold jump is too good to be true. Marc Faber recently said that gold could correct a fair bit, to $800-900 [https://marcfaberblog.blogspot.com/2009/11/gold-can-correct-to-800-to-900-usd.html ], and also said buy the metal if it hits $800. (Yep, $800.) There may be a wall of skepticism that's blocking BZA right now, which isn't specific to the company itself.

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