American Bonanza Gold Corp ABGFF

RE:RE:RE:Deep thoughts with bizwiz

[bizwiz]

Actually their initial assessment was promising enough to encourage further exploration which also produced enough bonanza grade ore to further oblige an in depth analysis of the deposit which, considering what past results produced, should entice us to hang on to thus upstart ! Mind you, the most recent news seems to indicate that they are producing enough gold to eventually make this a profitable enterprise. Although, with due consideration for past reports, despite a much higher price for gold, the indicated reserves seem to have gone down ! Mind you, sometimes the indicated resource is evaluated with too much optimism considering what is assumed. Although , a pessimistic stance could be advantageous for those which can reap a windfall without attracting notice... As for what is to expect from their properties in the Casa Berardi region, my major surprise was what TVX gold undertook with such a lackluster price for gold once digging a nearly 10 mile tunnel to bridge the east and western region , which considering the price it costs to build tunnels, leads even a dimwit like my self to assume that they must have found something promising. That obviously was before TVX , in being out of funds, had to self to Aurizon which with the 60+ millions in accumulated losses from exploration (which offsets the tax load once in production ) gave them the opportunity to be even more profitable ! As for my comment about fertilizer, I guess that considering the fact that the resource is concentrated in one place obliges the relevant measures from the purchasers if ever supply is cut off...Now, don't ask me what they'd think of doing if ever the goodies don't produce the expected results despite the belief in the market to assure that everyone gets their fair share... In your opinion, what price should be fair once dealing with a commodity so essential to further the production of food world wide that those without it are at a definite disadvantage once it comes down to producing sufficient food to feed the inhabitants