BDG - Bendigo Mining

[jonnycage]

now known as unity mining (how sweet lol) under code UML

hmmm Kennas id value your input. Is this citigold in a mask ? i remeber bendigo
having similiar big statments, with little progress


jc

 

[finicky]

delisted from the close of trading on Monday 6 June 2016 pursuant to Listing rule 17.11. 06/06/2016

we understand through a wholly-owned subsidiary, Diversified Minerals Management Pty Ltd acquired shares in Unity and shareholders received 3.3 cents per share in cash, comprising 2.3 cents by way of Scheme consideration and 1.0 cent by way of capital return 06/06/2016

 

[Knobby22]

delisted from the close of trading on Monday 6 June 2016 pursuant to Listing rule 17.11. 06/06/2016

we understand through a wholly-owned subsidiary, Diversified Minerals Management Pty Ltd acquired shares in Unity and shareholders received 3.3 cents per share in cash, comprising 2.3 cents by way of Scheme consideration and 1.0 cent by way of capital return 06/06/2016

Weren't they digging under Bendigo?
Most of the time hard to make a profit but with today's gold price probably doing OK.

 

[finicky]

Weren't they digging under Bendigo?

Yep, but I think SeanK's post above (prior page) gave the state of play. They never got close to making any money and understated the difficulty. Basically lied to us is how I think back on it. Another dud investment by me when I was learning the ropes. 'Shares' magazine lied me too! I never back a loser these days <- jk

 

[divs4ever]

Weren't they digging under Bendigo?
Most of the time hard to make a profit but with today's gold price probably doing OK.

from memory they were having cyanide issues ... which i found problematic considering many gold miners use a cyanide leaching process

were they being screwed politically ?

 

[divs4ever]

Yep, but I think SeanK's post above (prior page) gave the state of play. They never got close to making any money and understated the difficulty. Basically lied to us is how I think back on it. Another dud investment by me when I was learning the ropes. 'Shares' magazine lied me too! I never back a loser these days <- jk

this one ( when it was Unity ) was the only broker recommendation i followed but i DID do my own research before parting with my cash ( so can't whine too much about the broker )

however i did decide to 'average down' in the resulting disappointments that followed , and ended up with close to a one cent ( per share ) profit thanks to the capital return

a bullet dodged here

would be interested to hear/see if the 'cyanide problem ' disappeared with the new owner

 

[dyna]

a bullet dodged here

Me too .
BDG . Ah , Memories !
I've been following this abomination off and on since before the internet ( ? ) It was definitely last century , anyway . Cleared out when the Insto's arrived . Did they do their dough , I wonder ? Don't ever put too much faith in those numb nuts .