Australian (ASX) Stock Market Forum

GDO - Gold One International

Re: BMO - BMA Gold

Do you guys know what kind of inventory system are they using?
 
Re: BMO - BMA Gold

Nice announcement today, also not much resistance above 0.34.

I've put in another order at .32 to add to my position so I'll see if that gets filled today :)
 
Re: BMO - BMA Gold

Getting impatient with this one...
in mid april gold was trading ~600-630 and BMO was in the 34-36 range.

This week gold in the 620-640 range and BMO trading in a 31-33 channel (despite the increase resources announced on the 6/7). Has the bull mentality abandoned Gold stocks? (BDG hasn't really rebounded either....)
 
Re: BMO - BMA Gold

im getting impatient aswell. it aint moving. when's it gonna fly. i aint holding my breath for that.
 
Re: BMO - BMA Gold

To me, it's starting to look very bullish. The BMO chart shows that 11dma crossed 30dma yesterday and today it retested 11dma (and held) and now sitting right on 200dma. If POG holds up tonight, I am expecting a nice run tomorrow. I hope... Just sold BSG yesterday after a nice gain and jumped on BMO today.

MC
 
Re: BMO - BMA Gold

Lets hope so. This is one of a few positions of mine now that are just sitting there.

Maybe the next bit of positive news will bring enough hopeful buyers to push it up a bit.
 
Re: BMO - BMA Gold

Gold is still flying high....I can't see this not getting off to a good start for the week.
 
Re: BMO - BMA Gold

Arghh, still nothing. Gold approaching $700+ again!

There are now a LOT of sellers in the 0.31-0.35 range.


I think we need some good news or I'll be out again. There is some support but not a great deal.

Any other opinions? I'm thinking the day I sell is the day before a big announcement of some sort :(
 
Re: BMO - BMA Gold

silence said:
Arghh, still nothing. Gold approaching $700+ again!

There are now a LOT of sellers in the 0.31-0.35 range.


I think we need some good news or I'll be out again. There is some support but not a great deal.

Any other opinions? I'm thinking the day I sell is the day before a big announcement of some sort :(
]
Depends on what you think of Hartleys/Fat Prophets... both gave a pretty glowing review of the stock (of course when they are subsidised by the company to do a report I suppose their impartiality is questionable...)

What my little brain can't comprehend is why SP remains so low compared to the golden days of April/May (when spot gold was trading in a similar range)
 
Re: BMO - BMA Gold

Unloved and completely ignored by the market,

I struggle to understand why a company like this gets sellers jumping off like this, @ 27c its a steal, however there may have been something bad in their qtrly so I'm not buying anymore, just waiting to see,


I they produced 10k oz's this qtr at a cash cost of say $400 (higher due to intiall production, ie slower, lower grades, comissioning etc) it will be very impressive,

Still the short term voting of the market seems to be neagtive towards this stock
 
Re: BMO - BMA Gold

YOUNG_TRADER said:
Unloved and completely ignored by the market,

I struggle to understand why a company like this gets sellers jumping off like this, @ 27c its a steal, however there may have been something bad in their qtrly so I'm not buying anymore, just waiting to see,


I they produced 10k oz's this qtr at a cash cost of say $400 (higher due to intiall production, ie slower, lower grades, comissioning etc) it will be very impressive,

Still the short term voting of the market seems to be neagtive towards this stock
Do you anticipate they've turned a profit for FY06?
 
Re: BMO - BMA Gold

Hard to say given that the first 3 qtrs of the year were development and its only been this last qtr as production,

It all depends on their accounting etc, but I'd expect a small maiden profit of a couple of hundred thousand $



I'm more interested to see how much ore they pulled out of the ground, gold head grades, recovery etc etc

I know the operation is very young and thus will expect a few hiccups, but would be very pleased to see a smooth transition from explorer to producer
 
Re: BMO - BMA Gold

YOUNG_TRADER said:
Hard to say given that the first 3 qtrs of the year were development and its only been this last qtr as production,

It all depends on their accounting etc, but I'd expect a small maiden profit of a couple of hundred thousand $



I'm more interested to see how much ore they pulled out of the ground, gold head grades, recovery etc etc

I know the operation is very young and thus will expect a few hiccups, but would be very pleased to see a smooth transition from explorer to producer
Understood. As a ASX newbie, I've been amazed at just how many production delays new producers seem to encounter along the way. BDG for example, and MGX has been shocking- promisng 3mta production by April, then they keep pushing it out (now not until 07). There seems to be a massive inherent risk in new producers vs. established that are up and running (ZFX-MCR both seem to nail production quotas easily).

IIf they've pulled 10K oz out (which shouldn't be too hard seeing as they did 2,500 first QTR I think) I'd hope for a bit more profit than than (3-5mill) course it could all depend on the creativity of their accounts!
 
Re: BMO - BMA Gold

I don't know what they're doing over there at Twin Hills, I mean are they working or just dicking around? :confused: :confused:

Very poor qtrly, I'll wait to see new resource upgrade, but I have lost alot of respect for this group of management :mad:
 
Re: BMO - BMA Gold

YOUNG_TRADER said:
I don't know what they're doing over there at Twin Hills, I mean are they working or just dicking around? :confused: :confused:

Very poor qtrly, I'll wait to see new resource upgrade, but I have lost alot of respect for this group of management :mad:
2,500 oz for the QTR... are they digging with their hands!!! I'm going to drive to MacKay and kick some bogan miner ass!

Ahhh welll... 421, 000 of resources still has to worth something. (but can these lovely spot prices stick around till ext March when they have prod in full swing?). I don't like the way operating costs are now $350/oz (shifting up to $450/oz for the first half of 07).

Someone please take this puppy over!!! SBM? Telstra? I don;t care who....
 
Re: BMO - BMA Gold

Finally offloaded this dog after holding and hoping for what now seems forever :eek: , so I figure that now that I have dumped all my holdings, it will hit $2 on monday :mad:

Good luck to those faithful that still hold :)
 
Re: BMO - BMA Gold

CBA bought another 3m BMO @ 28c, they still have faith, thats good to see,


CBA hold 17.7% now, interesting
 
Re: BMO - BMA Gold

CBA have added 2.6 million shares, Director recently bought 200,000 @27.5.
Question is - who's doing all the selling and why??

Looking at the chart it's just about time to reload on this stock - hopefully there's someone else out there interested in buying.
 
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