Bluebird Merchant Ventures Share Discussion Threads

[cool runnings] 25/3/2020 08:20

A famous Elon Musk quote.....

[tsmith2] 25/3/2020 08:18

Do say more

[cool runnings] 25/3/2020 08:07

Exciting times

[highly geared] 18/3/2020 21:55

Quarantine happened in the last 14 Days. What about the last 5 months....?
Appreciate the current global situation but GRL announced their mine production finance this week...

[cbeadle] 18/3/2020 21:47

Crazy price if there’s any progress towards gold production

[cool runnings] 18/3/2020 20:25

Yes and they have been.... all good

[glennborthwick] 18/3/2020 19:49

can you really see anyone making decisions during all this. I cant

[andy] 18/3/2020 14:54

digger,


Exactly, even if they really are quarantined in Manila, they can communicate with potential financiers via email, telephone, plus conference calls.


I don't buy that at all.

[digger2779] 18/3/2020 14:50

Thanks montynj - nothing wrong with video conferencing plus documents can be drafted up and signed on line if they had a mind to. Just what have they been doing all this time? Beggars belief.

[montynj] 18/3/2020 13:54

I contacted Aidan and they are all in 30 day city wide quarantine in Manila so not much they can do..so guys, don't worry..nothing sinister...financing etc will all be arranged when meetings can be set up...it's fair enough

[outlawinvestor] 18/3/2020 13:26

BMV should have at the very least released a COVID-19 update and combined it with a financing update - it's pretty much what everyone else is doing. Very poor showing from the leadership team IMO.

[montynj] 18/3/2020 08:41

Problem is, so i understand it, that directors can't get to SK without risk of quarantine...

[cbeadle] 15/3/2020 13:59

If we could get news that Bluebird are restarting Gold production at these sites then BMV should rebound well and we could go from these new lows to new highs

[andy] 13/3/2020 01:10

KB,


Bolivia certainly DOES have international miners operating there, they have NOT nationalised mining. Have a look at Pan American Silver, they are a public listed company operating in Bolivia! They are not owned by the Bolivian government, but by shareholders in imperialist countries!

Prophecy are another example of a publicly listed company operating in Bolivia, listed on the TSX Veture Exchange in Canada.


Venezuela has been a basket case for at least 10 years, Crystallex was the best exaplme, there were others of course.


I'm not offended at all, just that your facts are incorrect, I would say there is far more chance of N. Korea invading (only 30,000 US troops) than Chile or Peru nationalising their mining industry, that relies so much on western finance and technology.

[king_baller] 12/3/2020 22:08

Do you think Bolivia and Venezuela had no international miners or oilers based there when they ventured hard left and nationalised everything?
USA backed South Korea being invaded by North Korea? Seriously?!
I'm sorry if I have offended your african and south american investments... But I was just emphasising the bull case here!!

[andy] 12/3/2020 21:39

KB,


No sensible mining company would be in Venezuela nor Bolivia already. None of the other S. American countries have mentioned nationalising mines, it would be the end of investment in them if they did!


Chile is a superb mining jurisdiction, they won't jeopardise that. Peru has small issues with locals but has never threatened to nationalise their mines, again their reputation would be trashed if they did, and trust lost.


Caledonia Mining have operated a producing gold mine in Zimbabwe for many years without issues, even though the local economy isn't doing well.


To say it couldn't happen in South Korea but could happen in strong mining jurisdictions is clearly wromg, IMO. What happens if North Korea invades for example?

[king_baller] 12/3/2020 21:27

South Korea is a high tech western democratic society (in the east). Very different to Bolivia, Venezuela, Tanzania, Zimbabwe, etc. Even safer countries Chile, South Africa, Brazil, Peru have a significantly higher risk of swinging to nationalisation in a severe downturn compared to SK. It's just my opinion. But, imagine the temptation of a severely deprived, but gold rich, country during a proper gold bull market. What would be in that their populations best interest? To pay some far away capitalists? Or take back what is theirs?

[andy] 12/3/2020 20:50

KB,

"the multi bagging potential here is like nothing else in the market (excluding africa/south america, who pose a significant nationalisation risk)"

-------

What?


When did you hear that?


Have you nay links to articles where they mention African and Latin American countries planning to nationalise their mines?


And did the same articles mention that S. Korea never would?

[king_baller] 12/3/2020 20:27

Covid-19 is about to decimate western economies. No pensioners, quite rightly, will have the confidence to go out and spend their money. How can businesses survive?

A bad recession is the best care scenario here. It's going to take never-before-seen debt and stimulation to avoid a depression. Which will be followed by significant inflation.

Gold is the way to go. With BMV there is some operational and financing risk, so worth also having actual gold and e.g. GPM trust. But if management pull it off, the multi bagging potential here is like nothing else in the market (excluding africa/south america, who pose a significant nationalisation risk).

Hope everyone stays safe, the next few weeks are going to be dreadful.

[tsmith2] 11/3/2020 20:12

watching with eagerness

[bo doodak] 11/3/2020 15:45

I don't mind BoD silence, you can't really read anything into that, but let us hope the 'news' when it comes will have been worth waiting on.

[rakepat37] 11/3/2020 11:38

Yep all good here ... nudge in the right direction

[rakepat37] 11/3/2020 10:02

Looking forward to a update . Hopefully in the right place at the right time . We could have a world wide recession and we a save haven Asset - GOLD ...

[cool runnings] 11/3/2020 09:07

Watch this space