Black Mountain Resources Share Discussion Threads

[oooff] 01/6/2014 22:51

I thought that they are currently looking for alternative funding than Alcyone as Alcyone shares are suspended until 6th June.
See updates on Alcyone website at : www.alcyone.com.au
BMZ currently have 1.5 million available from 3 million negotiated with "sophisticated investors ", last year and I believe BMZ are looking to arrange additional funding instead of Alcyone.

[lilaclily] 01/6/2014 20:49

BMZ has communicated its plan. It has the funding through a nifty little $3m loan from another Silver Company Alcyone, to progress this now through to Production ( no dilution, a loan). Infrastructure in place, Production imminent at a Healthy AG price. ND Project first off the blocks. Conjecture Proj to follow. Profits from one to pay for the other. Looks a very sound plan to me.

$4.2m Profit from first Project Per Year @ 500k ounces @ $21. $9 cash costs. 70% ownership.

$10.5m Profit @ silver price of $30.

£2m mk cap!

DYOR

[shavian] 31/5/2014 08:54

Horrors! POS dips below, and closes below, the crucial $19 /oz support level it has held for so long. What happens now is crucial. it need to get back above the $19 level quickly of this will become resistance. Fingers crossed for next week. Hopefully this may be the last hurrah of the gold price manipulators. Othewise, tin hats on Chaps!

[henryford] 29/5/2014 08:54

BIG VOL no move . Yet

[henryford] 29/5/2014 08:29

well charts bottomed at long last
looks like somethings cooking with all this vol.
silver price due to spring higher, production has to be soon...

[topinfo] 28/5/2014 14:58

BMZ 3.2p paid ISDX BMZ. Sellers will regret selling later I think especially Mr 25k at 2.25p considering someone paid 1 pence more just 30 minutes ago.

[topinfo] 28/5/2014 14:46

3p paid ISDX.

[topinfo] 28/5/2014 14:16

2 vs 1 and you cant buy any again, even at 3p. Good news coming IMO.

[topinfo] 28/5/2014 13:45

Loverat I cant get quotes at all mate. Who are you getting quoted 2.9p with mate?

It defo looks like something is happening here, you are right. Not seen stock this tight in ages here. If finance sorted for full production this could 8 bag from here all the way back up to 20p IMO.

[loverat] 28/5/2014 13:28

Looks like something is cooking here. Can buy some but quoted 2.9p.

[topinfo] 28/5/2014 12:47

Still cant buy any BMZ, come on MMs play the game. I want some more and will pay ya 2.75p for them so let me buy or put the offer up until you will. T@ssers

[topinfo] 28/5/2014 11:52

Cant buy any now. This could really bounce back up strongly now with tiny free float and impending news on finance and production. Should never have dropped this low anyway IMO. Look for chart break above 2.8p.

[scruffee] 28/5/2014 11:32

VIDEO Zak Mir, takes a look at the current charting position of Black Mountain Resources, Rare Earth Minerals and Tower Resources.
Today, 11:28 AM

[topinfo] 28/5/2014 11:29

BMZ this is helping. Out today. Strong rebound to 5p he says. Alot higher on production and finance news.

[lilaclily] 27/5/2014 18:06

Nice turnaround here on little buying. Both this and GWMO both in politcally secure country the US and both with low mcap and based within a proven resource areas with massive potential for both companies and very low cost with massive profit margins.

[faaz] 27/5/2014 15:59

Looking good Bzm about to move again.

[godolphin] 27/5/2014 14:32

No, it's the other way round! lol.

[ihavenoclue] 27/5/2014 12:15

Is this just up today due to some dyslexic people wanting to buy Bellzone Mining ? :)

[lilaclily] 26/5/2014 18:41

All will be known very soon fella.

[grannyboy] 26/5/2014 08:10

So by your positivity LilacLily, i take it they've got the finance sorted?..

[lilaclily] 25/5/2014 21:44

You will be in for surprise fellas. Not too excited yet until i read it myself.

[valentine] 25/5/2014 21:16

No Jorc!!!!

[lilaclily] 25/5/2014 20:55

Expecting some good news on production very soon, what a bargain this is, bottomed out now and on good news should fly on minimum volume as not much free float. I can see lot of haters here fellas but once PL delivers on production news this could easily hit 10p. Dyor