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BGF Ballarat Gold

12.50
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Ballarat Gold Investors - BGF

Ballarat Gold Investors - BGF

Share Name Share Symbol Market Stock Type
Ballarat Gold BGF London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 12.50 00:00:00
Open Price Low Price High Price Close Price Previous Close
12.50
more quote information »

Top Investor Posts

Top Posts
Posted at 26/5/2006 08:12 by arja
hi 12vic,
you may be right about re-entering BGF at about 12.5 but be very careful. Finished DOWN a cent in OZ after hitting 32.5 earlier when other gold stocks did much better . Still not producing I suppose and investors suspicious . I see silver price picking up a bit today on back of gold price - seems to need that support ! I am still well down on my silver warrants but hoping to cut loss on any big bounce !
Posted at 18/4/2006 20:27 by 12vic
I think the lack of news from BGF seems to be the main factor holding it back at the moment - perhaps this will be solved by the forthcoming quarterly and we can move on . Gold and silver currently through the roof $621 and $14 - uncharted territory for many investors !
Posted at 10/4/2006 07:40 by 12vic
Arja ,
If you're looking at entering the silver market via a paper trade or spreadbet , I'm not sure if now is a good time to come in as a new investor . If you are considering physical appropriation then there are safer more efficient profit making opportunities available .I'd be more than happy to email you with further details if your prepared to leave an email address .

BGF now looking ready for a breakout - just need some positive news to move it on , I think quarterly must be due soon .
Posted at 07/4/2006 13:22 by arja
pathetic comment by Bgf's MD to ingratiate himself with UK investors to help any future rights issue ! His comment was nonsense of course as many Uk investors in OZ gold mining specs will testify .
Polish_ student - hope you got the chart I sent you . I use Comsec online broker but only possible to do this if OZ resident or have account in name of family member ( my daughter is at University in w. Australia and i return home in next year or so ).
Posted at 05/4/2006 11:25 by 12vic
Hello ,
Arja good to hear you are back from Vilnius - should think it was very cold out there ! Also looks like BGF has steadied itself and found a fairer price after recent decline - I still continue to have faith that this one will climb and not too long now before $600 gold as I had thought might happen earlier in the year .

polish_student - Aimr is now in a similar situation to BGF about 18 months ago but definately a riskier play as it is based on African Continent , however feasability successfully completed on Perkoa project which once again like BGF's main project offers a long mine life . The absolute key to Aimr at the moment is a solid funding agreement allowing plant building etc - there will be plenty of interested investors in this zinc project so sound terms should be possible to achieve . Once funding is in place Aimr will move but until this is done it must remain speculative !
Posted at 21/2/2006 07:33 by jed tinsel
Gold May Rise for 2nd Week on Inflation Concern, Survey Shows

Feb. 20 (Bloomberg) -- Gold may rise for a second week, extending a rally that sent prices to a 25-year high, as investors buy bullion as a hedge against inflation.
Twenty-three of 37 traders, investors and analysts surveyed from Sydney to Chicago on Feb. 16 and Feb. 17 advised buying gold, which last week rose $1.10 to $552.10 an ounce in London.

Jim Rogers, who co-founded the Quantum hedge fund with George Soros in the 1970s, said in a Feb. 14 interview that gold's rally will continue, eventually topping its record high of $873 an ounce

Gold Rally
Gold jumped 18 percent last year, the fifth straight annual gain. Prices are up 7.5 percent this year and reached a 25-year high of $575.35 on Feb. 2.

Interest rates would have to rise a lot higher still for them to have any negative effect on gold, which remains in a bull market.

Speculators

Speculators almost doubled their holdings in gold futures since August
Posted at 20/2/2006 08:28 by 12vic
Looks like it could be JT..... just wish a few more investors took notice over here . That said the Oz market driving things very smoothly .
Posted at 19/2/2006 07:51 by jed tinsel
The Sunday Times
February 19, 2006
Fashion sets off a new gold rush

"The higher precious-metals prices have risen, the more demand has been generated from investors and speculators.

"Institutions are looking at diversifying their portfolios: Hermes, for instance, recently put £1 billion into commodities on behalf of the BT pension fund. Where they tread, others will follow."
Posted at 17/2/2006 07:34 by 12vic
Morning Arja - volatile sums Gold up quite nicely !

BGF on the other hand is performing very differently . Finishing at 46 cents on circa 1.5 million trades , it's almost as if Oz holders are determined to lock the shares in and sit on them whatever the case . This really sends out positive signals should there be a good announcement or perhaps a firm gold rally . Probably the most important thing about this is there has been no large institutional profit taking which one might have expected in a volatile gold market - these decisions must be based at a minimum on some measure of short/medium term confidence from the larger investors .
Posted at 21/11/2005 08:31 by 12vic
I Agree Scarab by all acounts they could have raised $100 million + if they'd wanted . What an excellent position to be in - not only on the fringe of starting production at the main mining project ,but 3 other large gold projects now fully funded for exploration and feasability over the next few years . Remember the original plan was to slowly fund these from first mine production , todays announcement is a huge jump forward .

Happy 12vic

RNS Number:3985U
Ballarat Goldfields N.L.
20 November 2005

Ballarat Goldfields NL
ASX and Media release: 21 November 2005

Placement of Ordinary Shares

Ballarat Goldfields NL (BGF) is pleased to announce that it has undertaken a
multi jurisdictional placement of 150,000,000 fully paid ordinary shares at an
issue price of A$0.30 cents per share to raise approximately A$45 million,
before issue costs. The shares are to be placed with institutional investors by
RBC Capital Markets, acting as global co-ordinator, Numis Securities Limited and
Haywood Securities Inc.

The funds raised by the placement will be applied to exploration and feasibility
of the Ballarat South, Berringa and Ballarat West projects; bringing forward the
Ballarat East gold project; and general working capital purposes.

BGF Managing Director, Richard Laufmann said, "We are delighted to have received
such strong support from a wide panel of major international institutional
investors, in London and North America as well as here in Australia, in a
placement that was two and a half times over subscribed".

The number of shares to be issued falls within BGF's placement capacity and
therefore shareholder approval will not be required.

The placing is subject to the placing agreements between BGF and RBC Capital
Markets, Numis Securities Limited and Haywood Securities Inc becoming
unconditional and not being terminated prior to the issue of the shares.

Dealing in the placement shares is expected to commence on 28 November 2005.

End.

For further information, please visit our website www.ballarat-goldfields.com.au
or contact Joel Forwood, Manager Corporate and Markets, on +61 3 5327 1111.