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GDO - Gold One International

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Re: BMO - BMA Gold

porkpie324 said:
whats happened to BMO sp is typical of when a prospective, or a miner just starting production dos'nt produce or find whats expected occurs, I,m sitting on a loss with these. porkpie
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Hey it could be worse... at least your not holding BDG... ekkk!!!! Lots of pain there (short term anyway). You should have enough to smile about anyway Porky... MCR, SMY... don't pretend your doing it tough!!!
 
Re: BMO - BMA Gold

Thats right, never commit to much to a prospective or just starting to produce miner. Your also right Kipp, got lots to smile about don't forget OXR, KZL,IGO & SMX. But at the mo i'm fairly cashed up!. but looking at plenty though. porky
 
Re: BMO - BMA Gold

porkpie324 said:
Thats right, never commit to much to a prospective or just starting to produce miner. Your also right Kipp, got lots to smile about don't forget OXR, KZL,IGO & SMX. But at the mo i'm fairly cashed up!. but looking at plenty though. porky
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Now now... there's no need to brag...
 
Re: BMO - BMA Gold

Is the latest action enough to excite anyone? (At least reduce the capital loss). Their QTRly was not well received by the market, but I suppose it is promising that BMO managed a 4 fold increase in production to 10koz, which makes their target of 70k next year (long promised) look attainable for once.

Anyhow, I'd run out of patience, and sold out my last small parcel at 24. 28 poses a bit of resistance so I'm not expecting 30's any time soon...
 
Re: BMO - BMA Gold

Looks like it might have found a base and is working it's way out of the downward trend from May. Approaching some resistance but has momentum for whatever reason and I think it might get through.

What's driving it anyone?

Perhaps Twin Hills is going to be bigger?
 

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Re: BMO - BMA Gold

Hmmmmm, up 16% now, traded at $0.315, through resistance. No ann. Unusual vol. ??
 
Re: BMO - BMA Gold

I think something must be coming. If not they'll get a speeding ticket, surely?

I've been holding this since I bought at 0.30 months ago.. A small parcel that was barely worth selling so it went in the 'long term' basket. I learnt my lesson from that seeing it down 20%+..Looking to get out when I can get 10% above what I paid or so and stick to my now existing plan next time.
 
Re: BMO - BMA Gold

Management are avg over here,

Over promise and under deliver,

BMO should have been chruning out high grade gold and bank those chqs instead the do squat!

Also given its an underground mine I'd be concerned at how 'skilled' they are at avoiding cave ins
 
Re: BMO - BMA Gold

Be an interesting one to watch...Fat Prophets are still optimistic.
I just hope they can shore up some of there reserves with new drill program and once thats done do some more exploring and hopefully find some more

One note to self in future investments I might jump on the bandwagon of underground miners but I'm going to take profits b4 first production...how many of these companies have hiccups with underground mining? And for a company with only a 6 year mine life if they don't hit their straps running...well it makes things kinda tight
nice to see bmo been mentioned again anyway
 
Re: BMO - BMA Gold

Well, they denied everything in their speeding ticket reply...but I've seen that before. There was one company whose share price rocketed for no reason, 'um we know nothing', then 2 days later 'oh yeah, we just made some huge deal / found diamonds / other large announcement'
 
Re: BMO - BMA Gold

kgee, it's a good point you make about taking profits before production, obviously BDG is a classic example here (though they've had other problems as well...) meeting deadlines seems to be bloody tough for junior miners. And for a novice like me it is much easier to stick those with solid track records.
 
Re: BMO - BMA Gold

Bad news, but looks like another kneee jerk overreaction. Will probably come up off lows for those looking for a trade. 30% off is a bit much....Just IMO - DYOR blah blah....

(not holding)
 
Re: BMO - BMA Gold


With this one I seriously knew it was only a matter of time
 
Re: BMO - BMA Gold

kgee said:
Fat Prophets are still optimistic.
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No wonder this has come unstuck. The Fat Profits kiss of death! Just joking, I'm sure some of their tips go up, and I haven't see their review on this....

Down 35% now, and I wonder if we'll see a dead cat bounce on this like we did BDG? Risky trading plan I suppose. This might be just dead!

Hope you long term holders are relatively unscathed from this...
 
Re: BMO - BMA Gold

Heh, I got out of this just last week at .24, as it was 'going nowhere'. So it was actually going somewhere....
 
Re: BMO - BMA Gold

I sold half last week only kept the rest because Fat Prophets was so keen on them, glad I don't subsribe to them, I'd rather listen to David (the speculator) haslehurst.porkpie
 
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