American Bonanza Gold Corp ABGFF

RE: RE: RE: RE: RE: bar bid 1.20 we got a few

[geordieboy]

Well as it happens I bought some BZA as low as 3c, having purchased at intervals all the way down from 19c. I have sold some but still hold more than half. My posting was perhaps harshly put, but my substantive point is that sustainable share price appreciation is not delivered by fancy PR - as so many on this board and others seem to think - but by the company achieving high cash flow returns on capital. IMO this is exactly what BZA management have been aiming for over the last few years in a very methodical, focussed, and cost effective way. The market has been very slow to reward them for this but this has meant unbelievably cheap prices have been available for PATIENT investors. The rewards for shareholders have started to come - big time already for those who picked the bottom - and much more is probably on the way. I think management have by now earned a degree of trust and confidence from shareholders that is still not shown by many people posting on this site.