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BDG - Bendigo Mining

Joined
30 January 2005
Posts
374
Reactions
1
Hi,

I have not seen any mention of BDG on the forum which is strange because it is creating a lot of interest at the moment. This stock is performing strongly at the moment. They have just pushed forward their production date. Share price has fallen today so could be a good chance to get in. Does any one hold or have any views on the stock? Do you own research.
 
Damn it. I was watching them since you posted this first. Disapointed that I didn't see it coming. Could have made a nice profit.
 
They could fall back to between 1.20-1.25 due to profit taking. That is a trigger for me to invest more. Some brokers have put a valuation of about $2.00 on the stock. I would sell if it reached that though. Do your own research though.
 
you would buy if it came back down to 1.25?
what makes you so sure its going to go back up?
 
Mainly because of what i have been reading about the stock. They will begin production in early 2006 and when they do so, I feel that this will push the stock price up to higher than what it currently is.
 
Yes I bought into this too a few days ago, I believe it will go up quite high eventually
 
Good to hear. There has been a lot of sudden movement recently. Could be because it is beginning to get media coverage.
 
Read todays AFR. Some equity managers are saying some good things about BDG.

I think I will buy into any negativity surrounding this announcement. I think it will drop, but it doesn't always.

Note - this is not advice for you to buy,sell or hold this or any other security.
 
sourced from huntleys.
Bendigo Mining (BDG) announced the terms of a pro rata equity issue and a simultaneous placement of shares to institutional investors, to raise a total of approximately $140m. The company plans to use the capital raised to fund the continued development of the Bendigo Gold Project. BDG remained unchanged at $1.15.
 
markrmau said:
ROFL. Still in trading halt.

Anyone know when it will open?

Expected price approx 94c?


Seems to have done quite well. Price picked up again today. I hope it continues.
 
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