Australian (ASX) Stock Market Forum

GDO - Gold One International

Re: BMO - BMA Gold

Bomba said:
Are they still digging the gold out with tooth picks?
Toothpicks? They are using their hands!!! At least rising Oil Prices won't be an issue for BMO....

24c looks like a pretty major resistence line for BMO. So I'm hoping SP doesn't fall much lower. Or there'll be even more pain
 
Re: BMO - BMA Gold

Yeah it's still on my watchlist...I see fat prophets have another rec on it although I haven't looked at it yet as I've been on holiday'I'll post anything of interest...surely it can't fall much below 24...
hope those aren't more famous last words! :)
 
Re: BMO - BMA Gold

Well, it's certainly turned around today following the announcment. A good kick in the pants. The buyers seem to have returned.

Looks like not all is lost just yet. I think I'm the only faithful holder left here.

*looks around nervously*
 
Re: BMO - BMA Gold

Bomba said:
"

Good to hear they have upgraded their equipment, lol.
Well... they might not know how to dig- but at least they're pretty handy with a drill... :D
Next resistence ~28c
 
Re: BMO - BMA Gold

Still can't bring myself to let go of this mangey dog. Spot gold is still reasonable at a stready $620, good drilling results keep rolling in.

Hartley's, Fat Prophets... well... I won't be a really hurry to get sucked into their recommendations again :mad:
 
Re: BMO - BMA Gold

porkpie324 said:
no your not i have some, infact bought some more last week, porkpie
Hope your MCR wad is thicker than your BMO holdings!!!!
 
Re: BMO - BMA Gold

its about the same in no of shares, but yesterday i bought some mcr cfd's on the announcement weakness,on BMO until the gold price starts to move they will continue as they are, OXR went thru a similar period so don't despair, porkpie
 
Re: BMO - BMA Gold

BMO seem to have moved a little above their low-point, and it will be interesting if they move to 30 cents.
 
Re: BMO - BMA Gold

I should have bought this stock recently when it was at 0.245c. Now sitting at 0.285c, a handsome 16.3%. Oh well. I need to listen to you guys more often!
 
Re: BMO - BMA Gold

Beethoven said:
Harley's have high expectations of this company and rate this company's valuation at 46 cents. :)

1 August 2006
http://www.bmagold.com.au/bmagold/BMO_20060801.pdf.file?fieldId=7704
Mate, alot of brokers wrote very glowing review on BMA back in Feb-Apr this year. Phat Prophets, Hartleys, and others... there have also been no shortage of positive reviews on the Consmin (CSM) website over the past 12 months) and that boy has dropped like a rock despite the commodities boom all around!

All I'm saying is be wary of brokers reports, they are not always impartial.

But maybe there is still value within BMO. It's reserve keep increasing and gold has held up over $600 for most of the past 6 months...
But their management is a bit dodgy. Operating costs are higher than expected. Production lower than expected. Just like MGX...
 
Re: BMO - BMA Gold

Kipp said:
Mate, alot of brokers wrote very glowing review on BMA back in Feb-Apr this year. Phat Prophets, Hartleys, and others... there have also been no shortage of positive reviews on the Consmin (CSM) website over the past 12 months) and that boy has dropped like a rock despite the commodities boom all around!

All I'm saying is be wary of brokers reports, they are not always impartial.

But maybe there is still value within BMO. It's reserve keep increasing and gold has held up over $600 for most of the past 6 months...
But their management is a bit dodgy. Operating costs are higher than expected. Production lower than expected. Just like MGX...

I would have to agree with you about management in bmo because of the slow digging and the expenses. Just stating that harley's have continuous expectations of this company from it's reviews in april and august. Commonwealth also has increased it shareholding with this company just recently and the fact they are increasing their reserves so maybe this company isnt all bad atm.
 
Re: BMO - BMA Gold

Wow BMO plummeted nearly 10% this morning.

Is this soley to do with the price of gold or is there something specific to BMO going on? Are long term views on BMO changing?
 
Re: BMO - BMA Gold

whats happened to BMO sp is typical of when a prospective, or a miner just starting production dos'nt produce or find whats expected occurs, I,m sitting on a loss with these. porkpie
 
Re: BMO - BMA Gold

boults_4545 said:
Wow BMO plummeted nearly 10% this morning.

Is this soley to do with the price of gold or is there something specific to BMO going on? Are long term views on BMO changing?

Generally the more speculative get more smashed on days like today. On the other hand, the more speculative can have grander days when they produce something out of the hat on good gold days...That's the risk/reward thing with these companies. Have to be prepared for it, or don't play the game...
 
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