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BMN - Bannerman Energy

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EXT ann'd on 11 Oct their date for listing on the TSX.

BMN should shortly do the same which you'd expect, all things considered, to support the sp a bit.
 

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kennas said:
EXT ann'd on 11 Oct their date for listing on the TSX.

BMN should shortly do the same which you'd expect, all things considered, to support the sp a bit.
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Does anyone have any definate answer for when BMN will list on the TSX. The listing seems to have lit a fire under the EXT share price with the rise seemingly coinciding with their listing on the TSX. Could just be a coincidence but maybe the Canadian market look more favourably on projects that explorers like BMN and EXT are undertaking?
 
spot up 4 percent
finally
gotta work out what to offload to buy bmn
anyone think bhp or rio or wpl or even pdn are overdone?
i hate selling anything
 
BMN Sp up 15c atm and the XJO down 65..this is a great performance.
All the good reports and upcoming TSX listing is starting to take effect.
 
DAZT49 said:
BMN Sp up 15c atm and the XJO down 65..this is a great performance.
All the good reports and upcoming TSX listing is starting to take effect.
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Next resist may be around $3.25, which was target from H&S as well.

Pretty solid short/mid term uptrend in place, bouncing well off support on the way up...:)
 

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Kennas,
another tick for H & S lol.
i had $3.2 as resistance, and a few spot after that up to alltime high.
bollinger bands are trending up, and price bars managing to stay away from the top bolly. RSI not too bad May be some profit taking later but all good really.
 

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Well Its looking strong at the moment with it up at the high for the day of $3.25:D

It will be interesting to see if it can break through that resistance.
As I said before, you just have to look at what happened to Lihir Gold when they listed on the TSX to see what their sp did!

Is BMN back in the action:2twocents
 
nuke,
I am lazy, can you tell me lihir price before and after listing on the TSX?
Thanks:D
Could bust thru $3.28 before close
 
DAZT49 said:
nuke,
I am lazy, can you tell me lihir price before and after listing on the TSX?
Thanks:D
Could bust thru $3.28 before close
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For memory it was about 3.50, it made an announcement on the 10th that it was going to begin trading and then started on the 19th. You also have to take into account lgl unhedging its postition as well as the rising gold price and overall bullsihness of the sector. Lgl is now trading at 4.20 - odd.
If the spot price continues up and the results are all we are hoping for as well as a positive acceptance on the canadian market hopefully we might be in for an early christmas present. Kudos to all who held through the correction, hopefully it will pay dividends.
 
the barry said:
For memory it was about 3.50, it made an announcement on the 10th that it was going to begin trading and then started on the 19th. You also have to take into account lgl unhedging its postition as well as the rising gold price and overall bullsihness of the sector. Lgl is now trading at 4.20 - odd.
If the spot price continues up and the results are all we are hoping for as well as a positive acceptance on the canadian market hopefully we might be in for an early christmas present. Kudos to all who held through the correction, hopefully it will pay dividends.
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Never have owned BMN, but do read the thread from time to time. I am a PDN sufferer. I liked Barry's last comment "Kudos to all who held through the correction, hopefully it will pay dividends" Whilst I agree wholeheartedly; especially to the the PDN holders as well, I do hope we all get our "kudos" before the next general correction.

That is my ONLY concern... 1 step forward, 3 steps back?

Most of the U stocks are only now starting to wake up, after other sectors have been partying for some time. Hopefully it's not too late. Uranium may be long term, but remember everything gets pulled apart in a correction.

------------------------------------------------------------------

As a side issue, have a read of the last post I placed in the Uranium for 2007 etc etc thread. Very interesting article.
 
DAZT49 said:
nuke,
I am lazy, can you tell me lihir price before and after listing on the TSX?
Thanks:D
Could bust thru $3.28 before close
Click to expand...

Np DAZT

Lihir announced that they had commenced trading on the TSX on Wed the 19/9 and opend at $3.63 and today (17/10) after a pretty down day on the market the closed at $4.14.

Yes thats true Barry they did close all their hedging to take advantage of the rise in the price of gold and I think with the instabilty lately caused by the U.S subprime market, more people may be moving into the safety of gold.

But as for BMN today, I'm really pleased to see it keep about $3.25.
Gee Moneybags and I can almost sell those dreaded BMN shares we bought ages ago and cut our losses ;)
 
Go Nuke said:
... But as for BMN today, I'm really pleased to see it keep about $3.25.
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Seems to be holding above 3.30 today. Why not wait until TSX listing? Some analysts already quoted (above I think) 4.50 as next target.
 

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Go Nuke said:
But as for BMN today, I'm really pleased to see it keep about $3.25.
Gee Moneybags and I can almost sell those dreaded BMN shares we bought ages ago and cut our losses ;)
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Hehe, you can sell yours if ya want to GN, I'm looking longer term on this one ;). Would have been nice to be cashed up in the correction to take advantage of those huge gains. Anyway, all looking positive once again thank goodness.

MB
 
Go Nuke said:
Np DAZT

Lihir announced that they had commenced trading on the TSX on Wed the 19/9 and opend at $3.63 and today (17/10) after a pretty down day on the market the closed at $4.14.

Yes thats true Barry they did close all their hedging to take advantage of the rise in the price of gold and I think with the instabilty lately caused by the U.S subprime market, more people may be moving into the safety of gold.

But as for BMN today, I'm really pleased to see it keep about $3.25.
Gee Moneybags and I can almost sell those dreaded BMN shares we bought ages ago and cut our losses ;)
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LOL goes to show just how much you know about BMN hey??

If I were you I wouldn't even be considering selling them especially now as now is the time to be buying and reaping the rewards to come.

TSX listing, resource upgrade etc within the next few months.
 
champ2003 said:
LOL goes to show just how much you know about BMN hey??

If I were you I wouldn't even be considering selling them especially now as now is the time to be buying and reaping the rewards to come.

TSX listing, resource upgrade etc within the next few months.
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Well I paid $3.47 for some a while back but being an idiot i borrowed the cash to buy them (thinking they would go up of course) Since then I have been paying the interest off:(

I'm learning patience;)
 
insider said:
I call $3.00 support and then $2.80... I still hold and I'm considering selling... hmmm... Any one else?
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I agree with $3 and $2.80 ish ($2.75 for me). I have the feeling the market's expecting a mild correction here and will recover quickly. Just my perception of the news... Not selling on short term movements in this now as the fundamentals seem to have been proven up. As discussed, they've got some potentially good news to produce in the comming weeks which should give them some support. :2twocents
 
The stock was getting pretty hot on the RSI last Thursday at 91.
BMN tho, does not usually react greatly to the overbought situation.
That big gap opening will have a reaction back towards $3.30 fairly quickly.
While I agree there may have been a "fluctuation" due in the normal course of trading, todays shambles is directly because of our fickle American friends.
If they are as stupid again tonight ,our whole market could follow suit....again.
 
kennas said:
I agree with $3 and $2.80 ish ($2.75 for me). I have the feeling the market's expecting a mild correction here and will recover quickly. Just my perception of the news... Not selling on short term movements in this now as the fundamentals seem to have been proven up. As discussed, they've got some potentially good news to produce in the comming weeks which should give them some support. :2twocents
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I have been umming and ahhing to buy into BMN for a while now. Jumped in this morning with half on order on the weakness. If the DOW is off again Ill avg down.
 
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