Black Mountain Resources Share Discussion Threads

[sportsauto] 15/2/2014 18:54

The Conjecture Project, which is leased for 45 years from Chester Mining Company, has considerable infrastructure in place that will facilitate and reduce the cost of developing the mine considerably. For example, in 1956 Federal Uranium, encouraged by the high grade ore recovered on the site, sunk a 2,000 foot (609.6m), three compartment, vertical shaft at the property. The present day equivalent cost of this is approximately US$35m. Exploration drifts were then developed at the 700 ft level (213.3m), 1,000 ft level (304.8m), 1,600 ft level (487.7m) and the 2,000 ft level (609.6m).

[jungmana] 15/2/2014 18:54

As i said they BMZ management will kill to have even half of agqs jorc. with more drilling in san jose in mexico agq could substancially increase their known 120m oz jorc.I just want newbees here to learn and go with facts instead of plucking numbers from air.

[sportsauto] 15/2/2014 18:51

Huge self funded exploration potential from 2 producing high grade silver low cost mines in safe location.

CONJECTURE mine is a GEM. BLUESKY exploration potential!

Revett formation at BMZ CONJECTURE MINE has the possibility to house between 100-500 million ounces of silver!

[goodbloke1] 15/2/2014 18:49

For your info Jung AGQ is 2.5 times cap of BMZ.Also the percentage rise of BMZ is likely to be much more than AGQ as silver rises

[goodbloke1] 15/2/2014 18:47

Potentially BMZ could have much more and possibly nearer production. you obviously have a very small stake if any in BMZ

[sportsauto] 15/2/2014 18:44

NEW DEPARTURE AND CONJECTURE mines will be throwing off huge amounts of revenue/profit especially as SILVER is about to go on a BULL run.
High grade silver low costs.
Mines and silver reserves ready to produce.

CONJECTURE mine is a GEM. BLUESKY exploration potential!

Revett formation at BMZ CONJECTURE MINE has the possibility to house between 100-500 million ounces of silver!

[jungmana] 15/2/2014 18:43

The market cap today of £5.6m is just under half of agq's. And how much silver do they have? after two years they still cant get a jorc.So as i said comparing the two agq is top pick as an investmentDyor

[goodbloke1] 15/2/2014 18:38

BMZ is a fraction of AFQ cap nearer production possibly and could have much more Jorq but agree not proven yet but that's why it's very low cap

[jungmana] 15/2/2014 18:32

Agq with market cap of just £14m today has 120m oz jorc of silver(which is large by all standards) and will be in production by end of 2014.
How much jorc do bmz have? BMZs mangement will kill to have even half of AGQs jorc.
I bought back into both agq and bmz this week as punts only due to my lack of confidence in management of both companies having followed both companies for long time.
As an investment based on silver resources, AGQ beats BMZ hands down imo.
DYOR

[jungmana] 15/2/2014 18:23

Lol !Read again. I bought back at 5p yesterday as a punt and on momentum here on back of rise in silver price.But my advice to anyone here is do some research on bmz and other silver plays on aim instead of just blowing hot air.

[goodbloke1] 15/2/2014 18:21

The delays previously are already in the price hence the fall from your entry price.Realistically there is a very good chance in my opinion of a rapid rise with silver prices assuming they continue to rise.Even if they stabilise it's got a lot of catching up to do

[goodbloke1] 15/2/2014 18:17

Jung shame about your high average but people buying now are buying at very cheap prices relative to prospects! that's why we are jumping up and down lol

[mypension] 15/2/2014 18:06

What other silver stocks below £1 or $1 are there that are worth investing in?

[29howard] 15/2/2014 17:16

"just back from night out"

lol

We are not stupid we know you are behind all those names you only have to
read this thread to see.

[sportsauto] 15/2/2014 16:55

It's the AMERICANS who run the show at BMZ, the CEO , geologists , mine dev managers etc.
Some are geologists from the 80's who did the mineral reports eg Conjecture,ND
PL has zero to do with the day to day development and exploration.

Mining is complex and delays happen.

Anyways they managed to develop the mines and poised for production.
With less than 100m shares and mcap of £5m- better value/potential.

Silver about to go on a BULL run.

[sportsauto] 15/2/2014 16:53

It's the AMERICANS who run the show at BMZ, the CEO , geologists , mine dev managers etc.
Some are geologists from the 80's who did the mineral reports eg Conjecture,ND
PL has zero to do with the day to day development and exploration.

Mining is complex and delays happen.

Anyways they managed to develop the mines and poised for production.
With less than 100m shares and mcap of £5m- better value/potential.

Silver about to go on a BULL run.

[billesk102] 15/2/2014 16:41

Don't ever make the mistake people,of getting involved with anything that Landau has a hand in!

[jungmana] 15/2/2014 15:30

Also since listing in 2012, bmz management promised production by mid 2013. How did that slip to late 2014 and what is the current target of production if finally starts?

[jungmana] 15/2/2014 15:29

Am a holder here and have followed bmz since listing but i have a question for the newbies;
How much silver jorc does bmz have?

[jungmana] 15/2/2014 15:02

Also since listing in 2012, bmz management promised production by mid 2013. How did that slip to late 2014 and what is the current target of production if finally starts?

[jungmana] 15/2/2014 14:59

Am a holder here and have followed bmz since listing but i have a question for the newbies;How much silver jorc does bmz have?

[29howard] 15/2/2014 14:52

someuwin

You need to allow the pump and dumper to use one name only and ban the other two.

Sportsauto is a conman, how can you use 3 names here and pretend they are different people all bullish and be allowed to get away with it, it's all
wrong and very very common theme of the topinfo thread thesedays.