Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Bravo Gold Corp V.BVG

A mineral exploration company

TSXV:BVG - Post Discussion

Bravo Gold Corp > And Here I thought this was Good News
View:
Post by rusty777 on Sep 21, 2009 10:07am

And Here I thought this was Good News



But what do I know - anyone care to explain to me why, with what initially sems like positive news the share price has tumbled from 54 cents to 46.5???

Cheers

Rusty
Comment by chux02 on Sep 21, 2009 10:39am
Because everything else is also down today?This IS good news!! And a buying opportunity is presenting itself....again. Don't let these "arm chair geologists" tell you otherwise either. They don't know how many new ounces are going to be shown on the updated 43-101 and NEITHER DOES ANYONE ELSE...YET. Drilling is ongoing, they're concentrating on the area where they need to and ...more  
Comment by BontanMan on Sep 21, 2009 10:41am
Same reason eas and evg dropped on good news and then rebounded. Big boys shorting to hit stop losses and scare out small investors. It will rebound, got in today at .48.
Comment by chux02 on Sep 21, 2009 10:48am
Oh, and I forgot to mention:LIFETIME MARKET LOSERS BAIL & SELL ON PRICE WEAKNESS ON DAYS LIKE TODAY....And I'll be glad to come back TO THIS VERY POST to remind all you....BAILERS of your....MISTAKE in the not-too-distant-future. So if you don't want to hear it, DON'T DO IT!!! Be patient and let this one come to you. There's money to be made here!! It's only the trolls and ...more  
Comment by mallgirl on Sep 21, 2009 8:58pm
I think BVG became a victim of its own success (as cos. often do in similar situations).  When past results are truly impressive, bonanza style intersections (52m of 21g gold), investors want equivalent, if not better results, which due to the variability of many ore zones is not always possible hole after hole.  To me, there's lots of drill results to be returned, and generally as a ...more