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Bullboard - Stock Discussion Forum American Bonanza Gold Corp ABGFF

GREY:ABGFF - Post Discussion

American Bonanza Gold Corp > loaded up today
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Post by benh1215 on Sep 22, 2010 3:52pm

loaded up today

after an extensive chat with the company earlier I just couldn`t resist.As always with a junior there an several risks BUT looking at the numbers and that spectacular IRR it was a no brainer.Can`t believe how cheap this stock is.Risk/reward looks better than any I`ve seen in a long time.Cheers all longs.
Comment by behindblueeyes on Sep 22, 2010 4:09pm
GAP up tomorrowand then another .05 to .06 c from there
Comment by ChrisDunn on Sep 22, 2010 6:29pm
LOL, for my ITS shares I need 4.00 a share to brake even... :)
Comment by silverton on Sep 22, 2010 9:34pm
Chris you have to wonder, with the POG worth $1000 more than in 2004, when ITS was bulk mining the "Discovery Zone" at Fenelon. After the endless dilution, and the 10 for 1's, who would have believed at the time that their first production would be in Arizona. The $15M vending of their Canadian properties over the years, may come back to haunt them. Balmoral has had their offering ...more  
Comment by behindblueeyes on Sep 23, 2010 8:38am
I agree with you silverton > when I spoke with JB at IR a few days ago he told me that the exploration propertys dont fit into BZA portfolio anymore as they are concentrating on becomeing a Mid Tier producerI think the expansion of reasource at Copperstone once mining starts is a given and then as they start getting money in the bank the possibility to pick up propertys with late stage ...more  
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