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American Bonanza Gold Corp ABGFF



GREY:ABGFF - Post by User

Comment by behindblueeyeson Mar 01, 2012 11:25am
265 Views
Post# 19611037

RE: Well that was a lot of nothing

RE: Well that was a lot of nothing

you can forget about making a quick buck or two in this one I have resigned myself to the fact that this is a looooooooog tearm deal (have been in for 6+ years) at .15 c av

could take the profit and run but no way with the grades (prelimanary)thay are getting and with drilling about to start to expand resource and the politicaly stable place they are in this is turning into a 10 yr hold for me

I am looking at this as a x20 from my av. and we will get there no prob it will just take time

have a bunch of others that I am playing for short tearm action but there is nooo way I am selling this someone said 3.00 (might have even been that az z AG ) but i certainly think it will get there eventualy because of ;

OZ in the groud

POG climbing

expansion potential huge

high grades

low cost

just aply what we have no in tearms of oz by an av of lets say $2000 an oz divide that by shares outstanding and the give em a little cred to achive a 5x multiple (do your own math) and presto BZA looks GOLDEN no punn intended

the Banksters are not getting my shares anytime soon

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