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Bullboard - Stock Discussion Forum American Bonanza Gold Corp ABGFF

GREY:ABGFF - Post Discussion

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Post by jdeer on Dec 22, 2010 12:25pm

The latest

Like the rest of you, I agree this "halt" is an inconvienience.. actually more of a "punch in the gut" unexpected. HOWEVER.. as others have said, it doesn't change the facts:
- the last of the permits ARE due first thing, Q1
- the mill is ours and (as far as I understand) on-site, being mantled & prepped for work
- the gold is STILL scheduled to be under "pick & shovel" (so to speak) during 2011... the SP is sure to be UP!

...this "punch in the gut" is better resolved (now) rather than later. Gold is poised to make it's biggest moves (later-in the months and years to come) ...by the time we're pouring bricks and ingots, GOLD will be pushing higher and higher in $$ The shareprice (may) take a short tumble in the short-term, but lets be frank here for a minute... it's going to go up, way up in the mid-term (inside of a year IMHO)

Whiskeyjack sait it...             PP due to close this week
recent NR says...                  Permits on their way
Market (said-before the halt) Support in the mid-0.30's

Don't be shaken out ya guys. The best is to come and it ain't "that" far off!
GLTA,
Deer
Comment by whiskeyjack on Dec 22, 2010 1:21pm
I respect your optimism but the mill can't be assembled (even if it was there, its not) until the permit to pour the concrete pad is secured.Now I think this will make people money, just not in the timeframe people are expecting.Remember we were supposed to be mining by the end of 2010. More like Q3/Q4 2011. Nothing BZA says comes to fruition on their timeline.The screwups and false ...more  
Comment by waru on Dec 22, 2010 5:44pm
I have been a shareholder in this company since the "Taurus" days, and have always felt that a good property couldovercome other deficencies. Well that theory has been proven wrong.  It is important that the stakeholders, investors and management be of one mind with a shared common purpose. Unfortunately this does not appear to be the case in this company. Disappointment is a ...more  
Comment by benh1215 on Dec 22, 2010 8:32pm
excellent post and well stated waru.Management here remind me of Fred and Barney...actually they may do a better job than current brass.With all the other stellar juniors out there in investment land why would anyone be aboard this farce of a company?Somehow they have managed to totally bungle what looked like a sure thing.Guess the only sure thing here is shareholders will be screwed over yet ...more  
Comment by goldengirl20 on Dec 23, 2010 12:57pm
Your problem lies with this man Giulio T. BonifacioEver since he started his own Co. NCU this has been neglected put on the back burner. Meanwhile Nevada copper goes from almosr zilch to almost $5. Glad I bailed when it .40 before the reverse , new something was wrong at that time.
Comment by Z06 on Dec 23, 2010 9:16pm
You are so full of sh*t.
Comment by agmetalhead on Dec 24, 2010 7:17am
I heard from a reliable source that the financing has been delayed till Jan 7 2011.
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