FFR - Firefly Resources

[LeeTV]

Re: BMY - Brumby Resources

Am I the only one surprised by this? I thought surely some sort of retrace/consolidation, instead it pushed to new intra day highs

I was pleasantly surprised BMY was only down 1% when I got home on a fugly day for the market. Hopefully tomorrow will be a better day for BMY and the market as a whole.

 

[adobee]

Re: BMY - Brumby Resources

I thought it looked as though it was being accumulated just when i bought in.. else I would have waited for a retrace to around 20c rather than 28c...
sitting pretty happy already and really pleased to see it hold ground at 36c seeing there is really no new news out (aside from me jumping on board!) so looking forward to something coming out.. would be surprised to see it drop back down abit though to mid 20s if nothing is realeased in the next couple of days..

 

[adobee]

Re: BMY - Brumby Resources

down today like everything else .. but on pretty small volume ...
? Thats a good sign right ?

i have just sold out of just about all other stocks.. will keep picking this up..
this is the best horse i have backed for a while .!

 

[andy87]

Re: BMY - Brumby Resources

down today like everything else .. but on pretty small volume ...
? Thats a good sign right ?

i have just sold out of just about all other stocks.. will keep picking this up..
this is the best horse i have backed for a while .!

dont worry mate, i think we all got hammered yesterday and was all in sinc with the S&P so its not all bad news, although the banks seemed to do alright. Everything i had was in red big time, and over the last 3 weeks is even worse. Wiped off about 20% of my total portfolio since then. Hope that makes you feel better

 

[adobee]

Re: BMY - Brumby Resources

I am not worried about this !!!
I am saying on these down days its only small volume 200k ... the majority of holders dont seem to worried and are happy to pick up anyone selling out..
I am happy to throw more money at this one all the way down to 20c..

 

[rob]

Re: BMY - Brumby Resources

Its been very quite in this sector for a few days, looks like someone slipped him a stilnox while he was getting up i hope it wears of soon

 

[LeeTV]

Re: BMY - Brumby Resources

There was very low volume today, nobody would budge on bids or offers. Hopefully Monday there will be some movement. I would like to get some more at these prices, a less would be nice though.

 

[YOUNG_TRADER]

Re: BMY - Brumby Resources

This is a non fundamental/purely observational comment

BMY is holding on to its gains really well in what is a very bearish market,

Am I the only one surprised by this? I thought surely some sort of retrace/consolidation, instead it pushed to new intra day highs

It really does seem like its being accumulated, but maybe I'm just looking at it too much, will be interesting to see what happens

Guys I'm not surprised by the pullback, I was completely surpirsed/blown away at the large run it had and then even more surprised that it held onto its gains in such a bearish mkt

It looks like the Gaint was stirring a little, drilling results and target estimates at their main Iron Ore projects will cause him to awake and go nuts

 

[rob]

Re: BMY - Brumby Resources

Guys I'm not surprised by the pullback, I was completely surpirsed/blown away at the large run it had and then even more surprised that it held onto its gains in such a bearish mkt

It looks like the Gaint was stirring a little, drilling results and target estimates at their main Iron Ore projects will cause him to awake and go nuts

well i hope he likes cashews as i to believe it will go mentall as while he was sleeping decided to get some more in at such a great price. and AGO being not so far away from production should wake and shake him into action

 

[LeeTV]

Re: BMY - Brumby Resources

BMY was down 15% at one point today, hour or so out from close, but clawed it's way back to pretty much where it started for the day in the closing minutes. Volume was about average for the past week, last Friday was extremely low volume. I topped up while it was down, almost went for some gold stocks instead, AVO and/or DIO but decided to stay with the giant. Hoping my gut instinct is right

Fi Fi fo fum it's time for this giant to have a run!

 

[adobee]

Re: BMY - Brumby Resources

I am putting all my eggs in one basket on this one now.. I pulled out of the majority of stocks last week and have continued snapping BMY up.. I am happy to have a big holding of this and leave it sitting for the next year without looking at the daily fluctuations or having any worry.. my other stocks were driving me up the wall..

 

[AussiePaul72]

Re: BMY - Brumby Resources

BMY share price pattern is sure unpredictable! So soon after a big run up to as high as 38c (for no apparent reason or news release!), it now seems to be showing very shaky signs of staying around what seems to me was previous resistance (TA's may be able to help!) of around 21-22c. Of course this retreat back appears to be on very low volumes. Anyone think it will drop back to strong resistance level around 15c?
Currently i am not concerned over the SP movements as nothing has changed fundamentally and plenty of news to come that will unravel the potential of BMY!

 

[Tukker]

Re: BMY - Brumby Resources

BMY share price pattern is sure unpredictable! So soon after a big run up to as high as 38c (for no apparent reason or news release!), it now seems to be showing very shaky signs of staying around what seems to me was previous resistance (TA's may be able to help!) of around 21-22c. Of course this retreat back appears to be on very low volumes. Anyone think it will drop back to strong resistance level around 15c?
Currently i am not concerned over the SP movements as nothing has changed fundamentally and plenty of news to come that will unravel the potential of BMY!

Hype sells, facts bomb i guess. Closing my eyes with this one, buying back if it gets to 15c. (And here are some words to make this post long enough)

 

[YOUNG_TRADER]

Re: BMY - Brumby Resources

gone the way of nearly all the other Fe stocks out there, back to levels of a couple of months ago thus wiping out any gains,

However so far I have seen SDL bounce strongly off its base, so there is a chance the others includiong BMY can too


Fundamentals have not changed for this stock,

All it needs is time to develop and unleash its potential

 

[ans25]

Re: BMY - Brumby Resources

Another stock which clearly goes under the - ""watch closely - it is a bargain at currently prices" bracket

 

[rob]

Re: BMY - Brumby Resources

Another stock which clearly goes under the - ""watch closely - it is a bargain at currently prices" bracket

can u tell me why it isn't trading today. down 35% down on BMY but have high hopes for it, just hope it moves soon.

 

[LeeTV]

Re: BMY - Brumby Resources

can u tell me why it isn't trading today. down 35% down on BMY but have high hopes for it, just hope it moves soon.

BMY were trading today but there were no trades all day till after 3pm, and even then only (2) trades and very low volume;

Time Price Volume Value
03:19:53 PM 0.200 15,000 3,000.00
03:19:53 PM 0.200 5,000 1,000.00

I, like many others, continue to hold. If I had any capital left I would be getting more of these.

 

[big sal]

Re: BMY - Brumby Resources

Whilst emphasis is on iron ore and also manganese, would be good to get results (which should be due) from gold drilling at Frances Furness to stir things a little. does anyone know when can they be expected?

 

[LeeTV]

Re: BMY - Brumby Resources

Whilst emphasis is on iron ore and also manganese, would be good to get results (which should be due) from gold drilling at Frances Furness to stir things a little. does anyone know when can they be expected?

From the Quarterly Report to 30 June 2008: The absence of any significant high grade intersections, which the Company had expected based on previous drilling results, has resulted in the Company electing not to proceed with the Option to purchase the Project.

 

[adobee]

Re: BMY - Brumby Resources

well i have been away for a while working hard.. awaiting my commission cheque and I will get this one moving again (at least for an hour or so) !!
way down but not selling.. this is a keeper on my list ! will keep picking up more and more.. considering the drops in other miners ago etc its not unexpected ...