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Bullboard - Stock Discussion Forum American Bonanza Gold Corp ABGFF

GREY:ABGFF - Post Discussion

American Bonanza Gold Corp > long term holders....
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Post by benh1215 on Sep 24, 2010 1:32pm

long term holders....

just wondering if you folks ever considered averaging down?Just my opinion but I believe this is a  totally different investing vehicle than it was back then.BZA is on it`s way to being an actual producer near term this time around with much higher Au prices.Good luck to all longs here.Cheers.
Comment by romara on Sep 24, 2010 1:38pm
I did, I average down to .216 on 50K....This not my winner though..I'm into YNG at an .18 average on 210K...that's my real money maker now...,.    76 right now today.....Richard
Comment by windyguy on Sep 24, 2010 2:20pm
Anyone call the BLM lately?
Comment by ChrisDunn on Sep 24, 2010 5:48pm
Yeah sure...I averaged down in ITS when it went from 0.60 down to a few pennies, got shaved 10:1 on the take-over, averaged down after that, got shaved 4:1, then averaged down again in the mid 0.20's twice, then averaged down again in the single digits. Then, to put some icing on the cake, the ONLY reason I was staying in this stock, namely Fenelon, got ignored for years, then sold off. That ...more  
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