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BMN - Bannerman Energy

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Looking the goods guys. Had the retrace that was needed. Results are due very soon. Well I think they are due soon unless they have had major holdups. The charts looking great also.
 
Is there a new research report from Fat Prophets thats has come out. I heard a rumour. Can anyone confirm or deny this?
 
chris1983 said:
Looking the goods guys. Had the retrace that was needed. Results are due very soon. Well I think they are due soon unless they have had major holdups. The charts looking great also.
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I agree Chris1983.. I'm really looking forward to seeing what the announcement brings.
 
toc_bat said:
why was it "needed"?

thx, (newbie)
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Kennas is good at all the chart stuff. Hes the best one to show you why a retrace didnt hurt the stock. The new trend that was being created would of been extremely hard to hold. It was going up very hard and fast. They all say what goes up must come down. The overall trend is continuing though..heading back up now. With good results which we are expecting I think the trend will continue and who knows where it will go. Remember we are expecting 700ppm at around 350 meters depth..oh yeah :) What a great buying opportunity yesterday though at $2. All those guys made a quick buck.
 
Getting closer and closer to that previous high of 2.46.

Had the retrace which makes the chart look healthy. Has bounced back up and looking really good.
 
its certainly getting back up there...
never closing below 2.10 in the last two weeks, really confirmed the strength of this stock...

Its fair to say the U's are on the march again.
 
A beautiful run. The Bannerman train just keeps on rolling.

edit - my personal opinion on the run is simply that it is the logical reaction to the correction bannerman "had to have", see Kennas analysis in previous posts.

Position: Hold (for mid-long term!)
 
I made a big blunder...

Baught in @ 2.36 2 weeks ago, then sold @ $2.13 thinking it was on its way down the other day..

now look at it....:( NOT HAPPY JAN

Think ill have to buy back in again shortly....
 
the barry said:
Anyone know the reason for the run, or what heights we might reach?
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Bannerman is due to post its report on the drilling results, which have always been tipped to be better than historic data. This report should be posted before the end of Jan, Ie next week. You might see Bannerman then been purchase by PDN or RIO..and prices in my opinion could then jump way up, even (this is only my gut feel) as high as $9.00+ so yes its still a good buy.
 
mattyl2003 said:
I made a big blunder...

Baught in @ 2.36 2 weeks ago, then sold @ $2.13 thinking it was on its way down the other day..

now look at it....:( NOT HAPPY JAN

Think ill have to buy back in again shortly....
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Mate I've been in this position previously with a number of stocks. I'd do lots of research...pick the stock...and as soon as it moved 20%-30% up or down I'd dump it...only to watch it increase 10 fold. I'd then kid myself thinking that I could compound my winnings and beat the "10 fold in 3 years scenario". :banghead: :banghead: :banghead:

I know better now. Buy well and don't sell.

The key test is to ask yourself "If the fundamentals don't change and the SP goes back to $1.60, would you still hold?". I would.
 
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