springhill
Make the drill work for YOU
- Joined
- 20 June 2007
- Posts
- 2,555
- Reactions
- 11
First day trading.
Open - 50c
High - 64c
Low - 45c
Close - 56.5c
Volume traded - 1.17m
832k buy v 77k sell.
Not a bad open at 58c.
According to my sources the option, flagged to be issued within 3 months, may be issued as soon as in 1 month.
I must make a correction to my previous post. I misheard the JV element as coal, further discussion confirms the conversation revolves around gold, not coal. Apparently these plans have now been put on the backburner.
I was told to keep an eye on a release from Buxton Resources. A positive EMG result would sandwich BOA between the SIR and Buxton results.
Burglar, the option issue is delayed beyond what BOA had hoped but they are issuing it as soon as possible.
Can't get the option if you are not invested I guess! May explain some increased demand.
Made too many mistakes lately.
Didn't want BOA to be another ... so I held off!
Now that too has become a mistake.
Missed boats are cheap mistakes, I guess!
BOA are closest, in fact adjoining, the big copper nickel strike at Nova in the Fraser Range, WA. Looks very promising indeed though like other companies, about 14 in the area, share prices have risen and a SIR 50 bagger is just not going to happen, at least for Boadicea.
Lots of shares come out of escrow shortly that will push the present market cap to around $25m. This is a perceived negative that may hold the price back.
Trading can be difficult with some reporting 'failed' attempts to get buy orders into market depth online.
Are Boadicea BOA a punt from heaven or not; time will tell? Monday, today, is the final day for rights to the 1c options that can be converted into shares at 20c - ordinary, with rights, last traded at 62c on Friday.
The time has come to survey. Will this be another Nova or Bollinger: http://www.asx.com.au/asxpdf/20130502/pdf/42fnjxqxx16lnn.pdf
http://www.asx.com.au/asxpdf/20130502/pdf/42fnjxqxx16lnn.pdf
Well I am in. Drilling under way and we shall know if this is a winner or not.. Worth a punt so put some money on the nose.. Not a lot because lets face it, it's unlikely to hit first time but hey you never know!
Good luck to those who hold.
Oh c'mon tech/a. Plenty of traders speculate on a good/bad drill bit result. Usually with funds that can be afforded loss.Rarely do I see a half decent trade on these boards.
But here's one
Rarely do I see a half decent trade on these boards.
But here's one
I figure the reward outweighs the risk. Haven't put more in than I can afford to lose. I have done my research and it took me 2 years to finally invest, only after they did their research first and proved my money was worth risking. I'll admit it's a big risk but that's what trading is all about, risk reward and this reward far outweighs the risk in my case.
It's rare that deposits like Nova stand alone, so here's hoping they've done their homework correctly and by the end of next week we shall know what's been sitting down there for the past few million years. Who knows, maybe it's just graphite... There's money in pencils, right?
A tad more confidence that has pulled the stock back up to 20c. Number one nearology stock to Nova and Bollinger is always likely to bring occasional interest. Probably a good gamble but no more than that, me thinks.
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