American Bonanza Gold Corp ABGFF

RE: Strictly TA

[mxsquid]

"We found bottom and now it's time to head back up." I agree, from the 2/2 news release. Now look at todays share price, I believe large shareholders wanted in at < $.28 too, hence the softness in the stock price since February. Bonanza is also pleased to report that it has received $3.9 million in share purchase warrant exercises since the closing of its previously announced equity financings in October 2003. Included in these share purchase warrant exercises was the recent exercise of 5,681,818 warrants at an exercise price of $0.28 per share by Goldcorp Inc. who as a result currently owns 9.75% of the Corporation.