BDG - Bendigo Mining

[YOUNG_TRADER]

Be nice YT, Some people are suffering!!

(I got stopped out a few weeks back so no longer hold ....)

As Kennas pointed out in an earlier post .... there may be a severe knee jerk reaction on this, and it may well present a longer term opportunity .........

Good luck to those still in ........ that feeling of impending uncertainty is unpleasant, but things can always be worse ..............

Sorry to hear B,

I got stopped out last week at 74c,

I'm angry with this company, such great potential, such **** management, doesn't matter whether its BMO or BDG goldies have lost their allure for me!

Over promise and then under deliver

Good luck to others

 

[Sean K]

I have a match price of 28 cents atm.

Is this oversold and a chance to buy some and then sell when they bounce to say 40 cents? Just thoughts....

 

[SevenFX]

I have a match price of 28 cents atm.

Is this oversold and a chance to buy some and then sell when they bounce to say 40 cents? Just thoughts....

Far Outtttt... Talking about an Over Reaction

Down 61% b4 mkt Opens....

 

[YOUNG_TRADER]

My IOP was 28c too, now 30c, but vol of less than 1m so an insto could easily provide a floor at 60c by putting up buy order for 1m


Thank god CFD's have GSL's and I was stopped out last week

 

[Sean K]

Well, I've taken a gamble and bought some on open expecting knee jerk reaction and slight recovery.

 

[reece55]

Kennas
All you had to do was read the market depth this morning for BDG and you knew it was going to come back. I saw the same thing happen when CAZ had their mining licence stripped from them.

In at 29 cents, out at 32.5.....

Easy money.....

Cheers
Reece

 

[SevenFX]

Well, I've taken a gamble and bought some on open expecting knee jerk reaction and slight recovery.

Out of Early Open Channel..

It's now found some direction, lookin better now

EDIT: In new channel at 34-35

 

[Sean K]

It's now found some direction, lookin better now

If it finishes above $0.40 then I will have recovered my losses from initial purchase at $0.80.

 

[SevenFX]

Ranging again at 34-35 with 2.4m-2.6m sales resp

EDIT: Strong retracement to 34c from high of 36.5 with retouch highs of 36.5c

 

[The Mint Man]

well you were on the money kennas with the prediction of 50%.
cheers

 

[Jrowl]

I think this is the bottom, only going to go up from here. They still have their infered resource of gold which means you're buying gold for $15.50 an ounce in the ground!!!!! If I had some more money I would be topping up in bdg today.

 

[SevenFX]

EDIT: Wider range channel between 34.5-36c with strongest sales at 35c being 6.1m and ave 4.8m either side...

 

[Sean K]

Wider range channel between 34-36c with strongest sales at 35c being 6.1m and ave 4.8m either side...

Hmmm, lots of selling at $0.35 at the moment. I'd almost be happy with that. Early in the day though. I'm not sure if this is a bottom yet. I just can't see this having a market cap under $200m with even a third of their estimate. That's still 3m oz in the ground somewhere. I reckon there'd be a few bigger goldies looking at this now licking their lips. Unless of course, they have nothing in the ground. Still a risky proposition.

 

[SevenFX]

Narrow Channel between 34.5 (8.5m)-35c(9.1m)

 

[Snakey]

on at .32 /100k out at 355 thanks bdg / tekmann
saw the pre open at minus 60% bought after pre open and sold soon after that

 

[SevenFX]

on at .32 /100k out at 355 thanks bdg/ tekmann

Can I borrow 100k Snakey...Please

Interest Free... :

 

[chris1983]

There are way too many good stocks to choose from. Personally and this is me I wouldnt touch BDG at current prices. That announcement was a killer and they arent going to be progressing for quite some time. They will probably recover etc etc but yeah too many other good stocks to choose from to get your money back IMO.

 

[Feng]

Looks stable at 0.33-0.35 rang.
Volume was about 6.5m when it was on open, now is 41m
Just too scared to jump in at the open. wearing big loss atm, no idea how to recover it.

Cross fingers!

 

[Snakey]

Can I borrow 100k Snakey...Please

Interest Free... :

dont think they will do you any good now tekmann ...may be waiting a week for this thing to hit rock bottom

do you remember what stock we discussed last week tekmann...yml on at 250k/.23 look now tekmann

 

[SevenFX]

There are way too many good stocks to choose from. Personally and this is me I wouldnt touch BDG at current prices. That announcement was a killer and they arent going to be progressing for quite some time. They will probably recover etc etc but yeah too many other good stocks to choose from to get your money back IMO.

You're Right Chris,

A buy of bdg would only be based on bounce for short term posi, and not hold.

Or as K said this could be a more attractive takeover now.