Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

American Bonanza Gold Corp ABGFF



GREY:ABGFF - Post by User

Bullboard Posts
Post by mack2000on Dec 26, 2002 5:00pm
245 Views
Post# 5709898

gold stock alert

gold stock alertbza just got mentioned at 321gold.com check it out looked over one of my stock statements this evening and even I was amazed at how high the gold stocks have gone so far. It should be obvious that gold stocks have far higher to run. They have been the only game in town for two years and Joe Couch Potato still doesn't even know they exist. So we are good for another 500-1000% before the herd wants in on the game. We are at the easy-money stage. I know of so many red hot stocks I just can't keep them straight. Here's a few. 1. Endeavour [EDV] [website] Selling for $2.22 Canadian and probably has a NAV of $3.40-$3.50. This stock is for gold bugs who want to own a fund and not even think about gold shares. Buy it and put it away. You are getting one of the best minds in the business at a 40% discount. It doesn't get any easier. 2. Gallery Resources [GRY] [website] They are waiting for colder weather to resume drilling on a bog in Newfoundland. Gold is like a mama cat having kittens. Look for it in the most inaccessible places, that's where no one looked before. Gallery plan on resuming in mid-January. The stock is selling for $.10 Canadian. I'd buy a boatload if it came back down to $.09, the low for the year is $.06. This is about as good a play as you will ever find, it's barely above its yearly low. Gallery has brilliant management firmly committed to the company (16 million shares committed) and all the holes around where they are drilling are showing just the precursors you want for a major epithermal system. It's a stock which could run up 10-fold on a good hole. 3. American Bonanza (BZA) [website] They have not one, but two properties being worked on at this time. The decline has begun at Copperstone in Arizona and and they are drilling a likely prospect near Fallon. Simply great management. I really liked the company at $.12 a share, now they are $.22 and about to bust out to a new yearly high. They will be producing gold from Copperstone this year. (not much, but some) and are perfectly placed for a major run up with $400 and above gold. Anyone who bought this when I first said so has done well and those who really listened and bought more when it went down are up 100%. 4. Desert Sun Mining [DSM] [website] closed on Tuesday at $.83 after setting a new yearly high at $.93 last week. DSM has a drill program in progress in Brazil. Expect new drill results soon. Great management, great potential. I think I figured out you were buying gold at about $3 an ounce. Expect them to increase their resources from 3.6 million ounces to 10 million ounces and either sell out a lot higher or to restart their mill which shut down in 1998 due to the low price of gold. 5. Cardero [CDU] [website] One of the year's biggest advances. It has gone from $.27 to $1.65 on Tuesday. I think Cardero has set 27 new highs since May. Big buying from funds 'in the know.' This is going to be one of the biggest silver stocks in the world. Really great management. Easy 10-bagger. 6. Candente (DNT) [website] Joey Freeze has one of the finest teams in the junior field. Prudent Bear owns 20% of the shares and David Tice doesn't buy many bad companies. This is one of my favorite juniors and I have been itching to write them up for a year. But they don't have any 'knock you out of your socks stories,' just good management. I want knock you out of your socks stories to write, you should want good management. There is none better and Candente are going to blow the lid off the industry one day. This makes a really great trading stock. Selling on Tuesday for $.50 Canadian. 7. Lakota [YLA] Other than the fact they don't have a website yet, those in the know have been buying up this very tightly-held stock. Lakota hold the property next to Sutton in Tanzania, in elephant country. The stock split in December and the shares have already doubled again. This one's a sleeper and will make shareholders very well off. The stock is $2.90 a share and finally showing signs of decent liquidity. 8. McWatters and Apollo [MWA and APG] [McWatters website] and [Apollo website] Both are in production and valued at a small percentage of what they were worth at $300 gold. If I remember right, MWA is going to be doing about 90,000 ounces and APG about 200,000 ounces. This isn't Kansas and gold isn't $300 an ounce. The companies who will rocket the fastest are those who are the most highly leveraged to gold. Both McWatters and Apollo are highly leveraged to gold and in a bull market, will soar.
Bullboard Posts