American Bonanza Gold Corp ABGFF

RE: RE: RE: RE: RE: RE: Goldman Sachs

[Combo9]

mylar, I still see it as a potentially good investment but not at these prices. 

As I explained, the difference between 0.27 oz/t (cash costs of $415/oz) and 0.12 oz/t (cash costs of $1155/oz) is $740 less profit per oz.  That's almost $2m less profit for those 3 months than expected, which translated into a increase in equity issuance needed by the same amount, which means more dilution for you and I.

These are real, tangible troubles which are responsible for the share price decline.  Your 'troubles' on the other hand will pass, perhaps make yourself a cup of tea or go for a walk.  Chin up.