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FFR - Firefly Resources

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Re: BMY - Brumby Resources

TigerBoi do you have any news on the BMY front ,,, I have notice there shares trading very low with sellers dropping down substanially to 4c...

Any info coming out on this front .. are they going to be able to hang around long enough to get some results out ??
 
Re: BMY - Brumby Resources

will continue to hold this one, it has been smashed down to .04c on very low volumes. around mid january it hit .08c but has dropped again. its iron ore ground near AGO holds great potential and drill results will see it climb quickly. also like its manganese prospects and remain encouraged by the fact independence group (IGO) continue to hold about 11.5% of BMY's stock.
 
Re: BMY - Brumby Resources


Big sal summed it up pretty well,so for me its a great time to get in at a good price as there is not much doing in the next few months but ill be waiting til after easter to start buying some more.hoping to get it even cheaper

BMY is saving their money carefully & will come out of it real good,they have a very large deposit waiting at goldsworthy so im hanging in there.cheers TB

 
Re: BMY - Brumby Resources

Doubt BMY will get any cheaper than 4 ish cents. Drilling should get underway shortly, as the wet season is coming to an end. BMY has over $1.5 cash in the bank and some prime exploration land to drill in coming months.
 
Re: BMY - Brumby Resources

Any one got any information re potential drilling commencements etc ???? I am very eager to see what the wild horse has in the ground.. Im Slowly accumulating below 5c not many sellers but a few seem to be dropping down..
 
Re: BMY - Brumby Resources

Does anyone else experience a problem buying BMY shares ??!?!?!?!?

I have been buying and selling with comsec without any worries but when ever I try to buy or sell BMY Shares the buy order just says processing ??? with this stock only !!! does anyone else experience this problem ???

This has been happening all week.. whenever I put in an order it sits there.. put in an order on something else and it is processed in seconds ???
 
Re: BMY - Brumby Resources

Okay so the order gets automatically cancelled after about ten minutes on the following basis ..

Rejected - Orderly Market

Can anyone update me on what this means ? To do with cross trades ??
 
Re: BMY - Brumby Resources

Now I am really confused as I managed to have 9000 of my buy executed but the course of sale states this was a XT. Cross Trade ??? but I didnt sell anything ????
 
Re: BMY - Brumby Resources

Good news - announcement drilling to commence June..
Bad news - cap raising announcement due out...

Will see whats on offer in the cap raising.. might be a good time to pick up prior to drill results anticipation in coming months..
 
Re: BMY - Brumby Resources

I hold quite a few of these shares. Bought in at 30 odd cents & continued to buy more as they wet down. Liked there tennaments & number of shares. Unfortunately this isn't the best time for capital raising. Hope they can survive the weather.
 
Re: BMY - Brumby Resources

adobee said:
Good news - announcement drilling to commence June..
Bad news - cap raising announcement due out...

Will see whats on offer in the cap raising.. might be a good time to pick up prior to drill results anticipation in coming months..
Click to expand...

Announcement out this morning – share placement $400K raised at 5c a share, that’s 8M shares, so someone is happy to jump on board or increase their holding. I see this as good news.

shares on issue about 55M so still relatively small number of shares

BMY quarterly report 30 Sep 2008 said they had about $2.2M in cash so hopefully they’ve managed this well, and it sounds as if they have from previous announcements.

We now have something to look forward to with drilling by mid June at its Pardoo east project (110km east of Port Hedland). Note – AGO has discovered high grade ore (refer to its 7 Jan 2009 announcement) at its Pardoo project (75 km by road from Port Hedland).

Still hold high hopes for the Brumby
 
Re: BMY - Brumby Resources

I am quite happy with the cap raising too above the level where i have been accumulating.. Hopefully they have factored an amount which will see them through to the end of the drilling and we will get some action.. Is there a word of who took up the 400k I assume it was one person as nobody offered me any shares.. Could work out to be a nice play if you have a spare 400k, I think if you tried to buy this amount on market the price would be pushing 15c+..
 
Re: BMY - Brumby Resources


I suspect they have raised just enough (in addition to cash already on hand) to get some drill results out which should kick the share price along.

a guessing game atm as to who is taking the 8M shares, maybe AGO who are close by (and may be getting a foot in the door in case drill results are positive) or IGO increasing their holding (they already hold 6M shares)??? just a guess
 
Re: BMY - Brumby Resources

Has anyone tried buying this stock !?!??
I have constant problems which I dont understand if there are sellers there (currently 0.062 etc) then why can I buy ?

I put in an order at a limit which gets cancelled..
I then put in an order at Market which says in market but doesnt get processed.. how is it possible that if there are sellers listed I cant get a Market order processed ????

No wonder the price isnt moving nobody can actually buy the stock..
 
Re: BMY - Brumby Resources

Hey Adobee, are you with CommSuk?

They do that sometimes, if so ring em up and give them an ear full!


Re BMY placement was tiny and would no doubt have gone to some at or close to Argonaught (they are the Corporate advisors)

I am still holding my BMY and believe that in good time it will be one of the best spec Fe plays out there, remember FMG and AGO started off as pennies before the commodity boom
 
Re: BMY - Brumby Resources

It seems almost imposible to buy these shares through comsec .. I put in orders at 5c which got cancelled and then left a market buy in for 200k at 12am and it still has gone through.. Will be calling them tomorrow..


Want to stock up before rumourz get out post drilling commencemnt ..
 
Re: BMY - Brumby Resources


I'm a comsucker - I'll see if I can pick up a few tomorrow and let you know. Of course if I make a loss on em I'll PM you with my account details....
 
Re: BMY - Brumby Resources

The response from COMsuK is as follows -

"All brokers that operate on the ASX have an obligation to maintain an orderly market. As such, we may not be able to execute a market order if it increases or decreases the price of the specific stoxk by a large ammount. If you placed a market order, and the order did not execute immediately, it would be monitored by our dealers who will keep your order at the top of the queue, and execute the order under circumstances that are in line with our obligations to the market."

So this means as the highest seller is far away they will just keep my order at the top of the queue ???

This does not seem right Ie Yesterday I put a buy in to take out all available shares.. at 6-7c but instead they put my offer in at 5.8c and leave it sitting there .. four hours later it is still sitting there but the sell side has changed from 6c to say 6.4 ????

I am not up on the 'Orderly mArket' rules but it seems crazy that I cant buy the shares at the price they are offerred..
 
Re: BMY - Brumby Resources

Ah seems like we are swimming in different pools... mine a wading pool yours the indian ocean....

That makes sense to me, it could easily look like a pump and dump if you were wanting to take out all available shares don't you think?

You might just have to snipe at the sell list - take out one seller at a time and do it before the comsec brokers have a chance to get in your way.
 
Re: BMY - Brumby Resources

Adobee your 200k buy at mkt go through today?????

Its about time these lazy boys got off their arses and firmed up some sort of conection/links/ties/jvs nything with the Chinese
 
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