Australian (ASX) Stock Market Forum

BMN - Bannerman Energy

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captjohn said:
To chris 1983,
Early this A.M. I placed bid for 270K of EXT & has been filled......I heard it's land is near bmn & thought I should diversify a bit !! Any comments ??....do you know it's website address so I can research more..thanx,captjohn
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www.extres.com.au

Yeah ive held them before from 2.7 cents and sold out at 8..around there. They look decent. I'm looking at a re-entry after they consolidate.
 
ouch! :(
$2.35.

Typically...I bought on Fri or Monday! Punting on an up...

Least i have 1 green stock in my list:)
(CUV)
 
Halba said:
this didn't fare too badly today. no major breaks of support. others have broken support.
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True.
We finished where we started yesterday, at $2.60.

That tail wouldve stopped out many (all the way to $2.35), including me :banghead:

We'll see if 2mrws a bounce or even more carnage.
Im predicting a big move either way.
 
captjohn said:
To chris 1983,
Early this A.M. I placed bid for 270K of EXT & has been filled......I heard it's land is near bmn & thought I should diversify a bit !! Any comments ??....do you know it's website address so I can research more..thanx,captjohn
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CaptJohn....are you Irish by any chance? Reason I ask is you buy first then do research late instead of the other common sense way around. Its a novel approach to investing.....
 
LifeisShort said:
CaptJohn....are you Irish by any chance? Reason I ask is you buy first then do research late instead of the other common sense way around. Its a novel approach to investing.....
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It might seem so 'Life is Short'...but I did say "more research".........& the early bird catches the worm...........

The fact is that a few days ago the SP was spiking at 35% higher at 13.5 cents....and then I started reading the EXT thread to discover a lot of juicy happenings near BMN, also that a UK fund manager had bought heaps & training staff........all sorts of things.
This A.M I looked at the chart & figured below 10 cents would be a bargain & got 'em at 9.6....end of story.... it's called "bottom fishing" & they closed at 11 cents.....
I also put bids on ERN at 51 & 52 cents but SP only went down to 53 ....... maybe tomorrow.

I remember after twin towers bombing QBE (insurance co.) the SP dropped to $3.50 & I jumped in without research either.. I'm still smiling but life is short :) :)
 
Halba said:
we're all goners tomorrow

uk market down 100pts

bad timing for latest bmn break out

2.60s here we come..atleast gives others the chance to top up
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I've gotta say that was a good call Halba!

Cheers!
:D
 
Extract Resources looks pretty good to me as another Namibian "speckie" with a lot of land.

It's right amongst BMN Rio PDN etc....& IMO as BMN confirms resources by years end then EXT will maybe get more attention for having the right address !!!

Rockingham 178 is certainly the resident thread 'expert' (read post#1505 ) for starters....& seems to know his facts.
captjohn
 
captjohn said:
It might seem so 'Life is Short'...but I did say "more research".........& the early bird catches the worm...........

The fact is that a few days ago the SP was spiking at 35% higher at 13.5 cents....and then I started reading the EXT thread to discover a lot of juicy happenings near BMN, also that a UK fund manager had bought heaps & training staff........all sorts of things.
This A.M I looked at the chart & figured below 10 cents would be a bargain & got 'em at 9.6....end of story.... it's called "bottom fishing" & they closed at 11 cents.....
I also put bids on ERN at 51 & 52 cents but SP only went down to 53 ....... maybe tomorrow.

I remember after twin towers bombing QBE (insurance co.) the SP dropped to $3.50 & I jumped in without research either.. I'm still smiling but life is short :) :)
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Well done capto'john

Sometimes it does payoff to just jump in when an opportunity comes a knocking. I've done it myself a few times......and look where I'm now.....thanks BMN.

p.s. please stop hassling the guys at Carmichaels....although well done for going straight to the source of BMN research
 
Thanx for words of support 'life is short' .....EXT have just touched 12 cents & yes I'll leave DJC's alone until next time when (4-6 months)BMN are at $5.......hahaha.
 
Halba said:
hmm hardly a convincing day today
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I think its a good day. The DOW rebounded well and economic growth in the US is at moderate levels. Some investors will still be trying to get out today not willing to take a risk but to me it looks good. Its funny that we now have to keep a close on on the shanghai stock exchange. Should be interesting to see what happens with them today.
 
chris1983 said:
I think its a good day. The DOW rebounded well and economic growth in the US is at moderate levels. Some investors will still be trying to get out today not willing to take a risk but to me it looks good. Its funny that we now have to keep a close on on the shanghai stock exchange. Should be interesting to see what happens with them today.
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I think Halba was referring to BMN.
While many other stocks are rebounding strongly, BMN isnt doing much.
 
nizar said:
I think Halba was referring to BMN.
While many other stocks are rebounding strongly, BMN isnt doing much.
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ohh..

They are doing alright though. They havnt really moved..other stocks are recovering losses..its actually not that bad that we had a run the day before with BMN. Keep an eye on WMT :) Its a breakout atm.
 
New Company Presentation just released by BMN.........pdf version is best for color shots.
They're quoting 50-200 Mt for Goanakontes alone ....so great to see them confident....wait till the market absorbs this info.....it's all support for SP to go up up.....in months ahead.

Well I bought into ERN this A.M at 60cents so now got BMN, EXT & ERN...so that it.
Early last year I had 15 plus junior miners & nearly went crazy trying to trade 'em for a profit...so I'll watch ERN & EXT closely for 3 months & sell if they're dragging their feet!!
captjohn
 
I was referring to the broader mkt.

BMN is actually a good stock it is reflected in its holding up.

Hope they do good for ya captnjohn.
I've just been badly burned on DMX today, not having a good day. $3-4k down the toilet captjohn, know how u feel re: MBP :(
 
Yes sorry to hear that Halba about Dolomatrix...down to 90 cents...
You should read BMN's latest presentation to cheer you up.....lotsa stuff you already know .....but now they are stating 50 to 200Mt similar grades to Rossing.
I reckon that's quite a confident statement to print ahead of time..... any comments from you or chris (but he's busy watching WMT jump up.) captjohn
 
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