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GDO - Gold One International

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Re: BMO - BMA Gold

all bmo watchers, why ar'nt buyers into bmo, i'll tell u why there all into oxr no rocket science there, so what u do is this srart selling oxr over 4.50 then look for other up and coming oxr's, and bmo could fit the bill, i'm holding oxr also buying bmo on dips, don't worry it'l get there, porkpie
 
Re: BMO - BMA Gold

porkpie324 said:
all bmo watchers, why ar'nt buyers into bmo, i'll tell u why there all into oxr no rocket science there, so what u do is this srart selling oxr over 4.50 then look for other up and coming oxr's, and bmo could fit the bill, i'm holding oxr also buying bmo on dips, don't worry it'l get there, porkpie
Click to expand...

Don't make sense does it :confused: Gold now at $642 an ounce... but BMO not going beserk. When is prod due to start?
 
Re: BMO - BMA Gold

Little birdies says announcement/quartely due out 27th of April next week. Said to be awesome.

Watch for increasing volumes, as typical insiders get set. Chart trends are strong...resistance at 37 cents, support at 0.355.

My guess: it will build tommorrow and monday....in preparation of said results.

Accordingly to Hartley's, they begin production this week (or next) delayed by clyclone Larry.

Good time to get on board now at cheap prices. Gold could be around 680 next week!!! Guess what the share price will be then with the annocement timed...an easy 20% rise on announcement is my guess.

Rambo.
 
Re: BMO - BMA Gold

I hope so because Im in for the ride. If it ever gets going,lol. I have faith :D :D
 
Re: BMO - BMA Gold

Watch this stock in the next couple of days. My source says big annoucement coming and very healthy quarterly. Mark my words, it's going past 0.40 cents.

:)
 
Re: BMO - BMA Gold

Rambo ,I like your way of thinking! I see the buyers side is stacking up as well!!
 
Re: BMO - BMA Gold

I hope you are right Rambo.
This stock has been performing very poorly despite the high gold price, which has been puzzling me since I bought it a couple of weeks ago.
 
Re: BMO - BMA Gold

Ok Rambo's kinda wierding me out :bigun2:


Well from a fund point of view, 70k oz's p.a. forecast production unhedged @ cash costs of close on $250oz with spots of $850 AUD (with more to come) = margins of $600/oz

= $42m in margins @ 6x PER = $252m = $1 PER BMO share

So like I said I ain't going no-where (kinda like the stock lately)


From a tech point of view its been in a recovery uptrend since 24th Feb, with a triangle pattern which has its ascending linear base @ about 35c now with the flat top @ 36.5/37c

Which means very soon there will be a breakout of the trend (I think?)
 
Re: BMO - BMA Gold

Yep all we need is a couple of months with some solid production and some more reserves plus further exploration results, surely the only way to go is up
 
Re: BMO - BMA Gold

Being a newbie, I've been reading books cover to cover lately.
With my limited knowledge and basic charting, I had this one on my radar as a possible breakout soon.
Posting this just to see if I'm right and to make myself feel better about jumping in and buying 'whatever' previously (this ended in disaster of course).

:)
 
Re: BMO - BMA Gold

A question to all the techies out there,

Is BMO showing an ascending triangle?

The top horizontal line is 36.5c? (37c maybe)

With the ascending linear base line starting at 27.5c on 24th Feb, touched chart again @ 32c on 4th April and yesterday @ 34.5c

I have the triangle meeting @ 36.5c on the 15th of this month,

Techies does this look right?


Its always good to get a tech view to back up the fundamentals.
 
Re: BMO - BMA Gold

YOUNG_TRADER said:
A question to all the techies out there,

Is BMO showing an ascending triangle?

The top horizontal line is 36.5c? (37c maybe)

With the ascending linear base line starting at 27.5c on 24th Feb, touched chart again @ 32c on 4th April and yesterday @ 34.5c

I have the triangle meeting @ 36.5c on the 15th of this month,

Techies does this look right?


Its always good to get a tech view to back up the fundamentals.
Click to expand...


Hi YT,
I'll post a chart soon, it's got many triangles but currently not looking very convincing compared to other gold stocks which have run hard, but that's still a bullish pattern in that larger triangle. Probably best traded with support/resistance levels, a small triangle visible on the dailies too over the last week or so.
 

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Re: BMO - BMA Gold

Gold@ $660 today... how high is it going to have to get before we see that elusive breakout... $6,000?
 
Re: BMO - BMA Gold

Kipp said:
Gold@ $660 today... how high is it going to have to get before we see that elusive breakout... $6,000?
Click to expand...

Tell me about it. This stock just refuses to move when all the other gold stocks are running hard. I hope there's a big reward for those who wait.
 
Re: BMO - BMA Gold

from qtly report, "It is expected that Area 1 will be mined during the period April to August."

maybe people wait for news of "first production go alive", another 1/2 or 1 month? once it's positive, it'll breakout? my 1c
 
Re: BMO - BMA Gold

Traded @ 37.5c hasn't been @ this level for 3 months, if it can hold around 36.5c/37c next target is 40c, I wasn't expecting a breakout until 15th May or so, given my triangle.


This stock is long overdue for a run! :)
 
Re: BMO - BMA Gold

YT what is BMA's silver resource (if any?) they mentioned in ther QTRly about producing 5000oz of silver so I assume there is some resource- big or small within their deposit? As all you goldfingers prob know gold hit $670 tonight! (Silver having a pretty good run, too)
 
Re: BMO - BMA Gold

Looks like I've been attracted to an old favourite again.

Here is a recent report (March 2006) by Fat Prophets on BMO. I see some high vol buying days, the big issue now is this resistance level around 37.5c, FPM says it's in a large channel, so a breakout above 41c will see this really take off.
http://www.bmagold.com.au/bmagold/B...2DCE7DA1D74DBCFBB8ECAD68A9788F1A?fieldId=7228

BMO must be making some huge profits in this quarter- most of the broker assumptions are based on gold prices for Feb/March.
 
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