BMN - Bannerman Energy
- Thread starter chris1983
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aobed said:
Spot on. If I break it down between the two stocks its 60/40 leaning towards Bannerman. They are large holdings for me.
BMN/ERN/AOE are the largest holdings..BMN and AOE are pretty close but BMN is worth more atm.
yeah..valentines day..im prepared for that. Guys you better go get your ladies some flowers..otherwise your in trouble.
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chris1983 said:
I have an extremely close relationship......with BMN (would u be my valentine?).....we love each other very much.......she takes me on roller coaster rides and I in turn reciprocate by talking about her in positive way and believing that she'll get better with age. BMN loves that.....
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We need love, a lot of love to make money. Try to change the position of love and money. Oops, something is not right???
aobed said:aaahhh.
Well for all our sakes, hopefully BMN will go through the roof so we can afford roses and chocolates!
Nice thought.........but so far for nearly 12 months BMN is like the perfect share with the perfect chart ....
I am a teckie & follow the chart indicators very closely on Metastock & Powertrade.
A 'share 'has four stages in its life.....It(BMN) is at stage two ...ie trending both long & mid term.& after( short term) trending higher every 6 to eight weeks ; she (BMN) will tread water to wait for the moving averages to catch up. This is how it has to be to allow the brokers to' sell short' back down to the 'moving averages'.
Rather than a jump or spike of 30-40 % ... from a 'great discovery'.....I , personally would rather have good news at a steady slower rate of say, once every 2 months.
This keeps the SP closer to the 30 day moving average at the classic ' perfect'.....45 degree angle.
Day traders & short term investor /traders are happy when everybody is in agreement to let it trend up to a higher level.
Anyway I've rambled on enough for now.....& interested to hear any comments .
captjohn
Fat Prophets has written a review today for BMN & it's all great stuff.........highest recommendation for it's location,prospects ,upside ......etc.
quote from article;
"Bannerman Resources represents the most prospective uranium exploration play that we have seen."
Most of the report was 'pasted' from the quarterly activities report ,so it's not new info to most of you that follow it closely.
None the less, the more I read it ,the more I am convinced that BMN will certainly follow PDN into a producing mine in the future.(Well ahead of Marathon for example).
The world is desperate to secure supplies so management will 'fast track' everything to get into production.
As you know I now have"most of my eggs in one BMN basket " after selliing of 15 junior speckies last june.
(oil,gold,copper,zinc etc.)
Question?.... Chris 1983 referred to Nathan Mc mahon getting nearly 6 million shares in BMN.....excuse my ignorance but who is he ??
And I still think we need an announcement to take the SP over $3.....but don't fret!!....the closer the Bol Bands get together the bigger the jump up!!
captjohn
quote from article;
"Bannerman Resources represents the most prospective uranium exploration play that we have seen."
Most of the report was 'pasted' from the quarterly activities report ,so it's not new info to most of you that follow it closely.
None the less, the more I read it ,the more I am convinced that BMN will certainly follow PDN into a producing mine in the future.(Well ahead of Marathon for example).
The world is desperate to secure supplies so management will 'fast track' everything to get into production.
As you know I now have"most of my eggs in one BMN basket " after selliing of 15 junior speckies last june.
(oil,gold,copper,zinc etc.)
Question?.... Chris 1983 referred to Nathan Mc mahon getting nearly 6 million shares in BMN.....excuse my ignorance but who is he ??
And I still think we need an announcement to take the SP over $3.....but don't fret!!....the closer the Bol Bands get together the bigger the jump up!!
captjohn
captjohn said:Fat Prophets has written a review today for BMN & it's all great stuff.........highest recommendation for it's location,prospects ,upside ......etc.
quote from article;
"Bannerman Resources represents the most prospective uranium exploration play that we have seen."
Most of the report was 'pasted' from the quarterly activities report ,so it's not new info to most of you that follow it closely.
None the less, the more I read it ,the more I am convinced that BMN will certainly follow PDN into a producing mine in the future.(Well ahead of Marathon for example).
The world is desperate to secure supplies so management will 'fast track' everything to get into production.
As you know I now have"most of my eggs in one BMN basket " after selliing of 15 junior speckies last june.
(oil,gold,copper,zinc etc.)
Question?.... Chris 1983 referred to Nathan Mc mahon getting nearly 6 million shares in BMN.....excuse my ignorance but who is he ??
And I still think we need an announcement to take the SP over $3.....but don't fret!!....the closer the Bol Bands get together the bigger the jump up!!
captjohn
Nathan Mcmahon is a director of cazaly resources, why this is interesting is that one of his fellow directors on the cazaly board is also a director of bannermans. He bought 15 million dollars worth at 2.70, which equates to 7 percent of the company.
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the barry said:
I reckon collectively us BMN forum members hold about 10%......we have the power!!!! I wish
Thankyou gentlemen, for your prompt response & now the penny has dropped........and yes I remember Chris 1983's comments ......"why is he buying in .....SP will take off" etc.
Nathan Mc mahan has paid full current price & you can bet your bottom dollar that all these boys that lunch together in West Perth know full well that this is just the 'beginning' for BMN.
Mark my words ... I predict by Xmas...PDN will be $20 & BMN $8-10 ....even with a correction soon !
captjohn
Nathan Mc mahan has paid full current price & you can bet your bottom dollar that all these boys that lunch together in West Perth know full well that this is just the 'beginning' for BMN.
Mark my words ... I predict by Xmas...PDN will be $20 & BMN $8-10 ....even with a correction soon !
captjohn
Interesting article coming out of Namibia regarding the issuing of licenses.
Refer to http://allafrica.com/stories/200702140503.html
The essence of the article is as follows :-
"AS applications pour into Namibia from companies intending to prospect for uranium, the Ministry of Mines and Energy has stopped accepting such requests.
It will soon announce a moratorium in the Government Gazette.
The Namibian has it on good authority that the Ministry stopped accepting applications for uranium prospecting and exploration two months ago.
This comes hot on the heels of a similar moratorium slapped on the granting of diamond cutting and polishing licences by the same Ministry early this month ...
In the last two years, Namibia has become a global attraction because of its mineral deposits hugely in demand on international markets, like uranium and diamonds.
In an interview with The Namibian yesterday, the Permanent Secretary of Mines and Energy, Joseph Iita, confirmed that no applications were currently being accepted, adding that more would soon be revealed in the Government Gazette.
"It's a matter of regulating the issue of licences.
Everyone is running to Namibia for uranium and we don't want every Jack and Jill mining uranium ...," he said."
Question? ... Are all existing Namibian miners (PDN etc) and explorers (BMN, ERN etc) now part of an "exclusive club" ....
Refer to http://allafrica.com/stories/200702140503.html
The essence of the article is as follows :-
"AS applications pour into Namibia from companies intending to prospect for uranium, the Ministry of Mines and Energy has stopped accepting such requests.
It will soon announce a moratorium in the Government Gazette.
The Namibian has it on good authority that the Ministry stopped accepting applications for uranium prospecting and exploration two months ago.
This comes hot on the heels of a similar moratorium slapped on the granting of diamond cutting and polishing licences by the same Ministry early this month ...
In the last two years, Namibia has become a global attraction because of its mineral deposits hugely in demand on international markets, like uranium and diamonds.
In an interview with The Namibian yesterday, the Permanent Secretary of Mines and Energy, Joseph Iita, confirmed that no applications were currently being accepted, adding that more would soon be revealed in the Government Gazette.
"It's a matter of regulating the issue of licences.
Everyone is running to Namibia for uranium and we don't want every Jack and Jill mining uranium ...," he said."
Question? ... Are all existing Namibian miners (PDN etc) and explorers (BMN, ERN etc) now part of an "exclusive club" ....
the barry said:
They have 4. I have always believed the erongo mountains epl's are the best ones. They have two in the erongo mountains and 2 in the spitskoppe region. The 5th would of been great and they still may get it but not right now it would seem. There is an erongo thread barry you should check it out. They wont just stop granting licenses. They might make the process harder I don't know and the article states they aren't accepting any new applications which would obviously mean they wont be granting any of the pending ones also untill they do their "reviews".
So it would seem no new companies will be entering Namibia for exploration purposes anytime soon. Doesn't have any affect on BMN. Comes off a positive I would think because they have no problems with their licenses. It closes the door on any new prospective explorers though.
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the barry said:
Holy Moly......this is good stuff.......124m @ 360eppm........how about that.....keep em coming
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the barry said:
SP can do one of three things, go up, go down or be steady
really no one knows........if we look back at last time results came out then it went down afetr an initial spike.....but recovered within a week to go higher.....it might do the same it might be completely different. I'm holding