BDG - Bendigo Mining

[Snakey]

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!

how to recover big loss....sell and put your money on something else i learnt this from caz...loss $30 k

 

[SevenFX]

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

OK OK the money was really for a s/h 911 GTO porshce...

Nice buy snakey of yml as being watchin it 2, but got caught up with bdg 2 much

 

[The Mint Man]

Just found this... Interesting!

Date: 8/1/2007
Author: Jo Clarke
Source: The Australian Financial Review --- Page: 12
Bendigo Mining is experiencing some challenging times. This could reflect badly on other Victorian gold mining groups. In the week beginning 8 January 2007, Bendigo Mining is expected to release news of poor production figures. The group is currently in a trading halt and its shares last traded at $A0.735. Ballarat Goldfields has very similar projects to those of Bendigo Mining and it could be hurt by bad news from Bendigo Mining, which could also rub off on Lihir Gold. On 5 January 2007, shares in Lihir dipped to $A2.92, while Perseverance stayed stable at $A0.37 and Ballarat Goldfields was unchanged at $A0.27.

 

[justjohn]

Has a stock ever taken out the worst performing award 2 years in a row

 

[The Mint Man]

Has a stock ever taken out the worst performing award 2 years in a row

probably not! hehe
Ahh well maybe I will win back some of the loss on that $10 Scratchie you owe me :
cheers

 

[justjohn]

Minty you have'nt lost until you sell :arsch: good luck on this play fellas, could go anyway lots of interesting bystanders looking on

 

[Feng]

how to recover big loss....sell and put your money on something else i learnt this from caz...loss $30 k

Thanks for the suggestion,
I will definitely sell it out.

 

[Jrowl]

So who's sold out and at what price level?

I do feel pretty angry that 30 days after the SPP to the shareholders was finalised the shares tank over 60%, it's abit of scam, someone has made alot of money. How much was Doug Buerger paid anyway for doing such a wonderful job, and how much was he paid to step down?

 

[Sean K]

I do feel pretty angry that 30 days after the SPP to the shareholders was finalised the shares tank over 60%, it's abit of scam, someone has made alot of money. How much was Doug Buerger paid anyway for doing such a wonderful job, and how much was he paid to step down?

I think we'll here more on this Jrowl. The instos will be screaming.

 

[nizar]

Kennas and others,

I cant believe you are still wasting your time trying to pick the bottom with this one

Much better fish to fry out there.

 

[The Mint Man]

Minty you have'nt lost until you sell :arsch: good luck on this play fellas, could go anyway lots of interesting bystanders looking on

yes bystanders are quite interesting :

 

[Sean K]

Kennas and others,

I cant believe you are still wasting your time trying to pick the bottom with this one

Much better fish to fry out there.

Yeah, frying them too. I'm losing money all over the place!

 

[Dr Doom]

Kennas, gold is taking off, up to $612.
Buy in gloom???

 

[Sean K]

Kennas, gold is taking off, up to $612.
Buy in gloom???

Could be a dead cat, but I hope not. I read a theory somewhere that money was taken out of the gold market after Christmas to be invested in the traditional equities push in Jan. So, maybe after a short foray some fund money will come back to gold...maybe. Of course there's all those other factors.....Once (if!) the planets align gold will continue the run IMO.

 

[Dr Doom]

Yes, it goes in cycles. God is being lumped in with commodities. Patience is a virtue with gold. Looks like I'll have to wait another 2 years for BDG to break even AGAIN!

 

[Sean K]

Yes, it goes in cycles. God is being lumped in with commodities. Patience is a virtue with gold. Looks like I'll have to wait another 2 years for BDG to break even AGAIN!

God is a commodity? LOL.

 

[The Mint Man]

Yes, it goes in cycles. God is being lumped in with commodities. Patience is a virtue with gold. Looks like I'll have to wait another 2 years for BDG to break even AGAIN!

here here!
But will they last that long? They say they have enough for 18 months exploration.

 

[The Mint Man]

God is a commodity? LOL.

yes you can buy your way in when you need to and get out when you need to.... then just as your about to die, get back in and be saved.... then take advantage and sell out again. haha

 

[toc_bat]

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

reece what exactly in the market depth do you read to be so sure? newbie after an education, thx

 

[Jrowl]

The chart says bdg is oversold, should jump up and trade around .45