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Bullboard - Stock Discussion Forum American Bonanza Gold Corp ABGFF

GREY:ABGFF - Post Discussion

American Bonanza Gold Corp > Here;s the scoop...
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Post by tree73 on Jun 26, 2012 7:56am

Here;s the scoop...

Right now gold is staying above its low, if it does this we will only consolidate sideways until late August. If we take out $1500 w will be moving down to $1300 but the bottom is still the same...late August. This stock will start to make a move up shortly after this point. I believe that this will be the launch for the top in late 2016 or January 2017

Tree

Comment by bizwiz on Jun 29, 2012 3:52pm
The old reports (check their WEB site) were fairly clear regarding the profitability of the undertaking when the price of gold was much much lower...At the current price they pay for all the infrastructure implementation in less than 2 years... That means that less than 2 years down the line they'll get stellar profits . But then , like is the case with business, something unexpected will ...more  
Comment by tree73 on Jun 30, 2012 6:19pm
It will be the nationalization of any gold properties in the US as has started in other countries in the world...ie Argentina for one.....I do not expect this to happen before 2016.......... Tree
Comment by TheCardinal on Jul 02, 2012 11:38am
"It will be the nationalization of any gold properties in the US"   Spot on, 'tree73 .  And for clueless sheep who think "It can't happen in the United States!", well.... no one saw coming  the stroke of Franklin Roosevelt's pen that confiscated the gold of Americans in the 1930's, either.  ( except Roosevelt's pals and connected cronies, ...more  
Comment by tree73 on Jul 02, 2012 8:48pm
As goes for the US as goes for Canada. That being said most here will have made their killing and gone..... Another one to check out is Mahdia Gold in Guyana......golds there....just need to firm up the 43-101...It is the old OMAI mine that was run by IAM Gold a few years ago.....3.5 million ounces have been mined with all the infrastructure already in place.......Talk about a fast track to ...more  
Comment by Z06 on Jul 04, 2012 5:26pm
I'm getting so tired of this. You think when gold hits 3,000, we might get back to .50 cents??
Comment by tree73 on Jul 09, 2012 11:04am
When gold hits $3000 I expect this to be between $3-$5..........Now is our time over the next 18 months. Tree
Comment by bizwiz on Jul 10, 2012 1:28pm
In reply to your posting; I wonder if there were sufficient gold purchases by the FED following the 1934 gold act to fill up fort knox for a pittance knowing what central banks did to get gold ... I shouldn't mention this . It does remind me of what occured in Canada when gold was going for a paltry 20$ on the international markets. Although in this instance I don't think that the central ...more  
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