Bluebird Merchant Ventures Share Discussion Threads

[euclid5] 05/11/2020 14:53

BMV’s goldmines, located in South Korea, have been inactive since the 1970s largely due to policy directions adopted by the Korean government that triggered the nation’s industrial revolution. According to the Korean government, the mines contain nearly 800,000 ounces (or over $1.5 billion USD) of ready-to-mine gold, with a geological upside defined in the millions of ounces.

[rakepat37] 05/11/2020 12:23

Looking good and great RNS yesterday

[bo doodak] 05/11/2020 01:02

“Since the initial assessments, we’ve discovered a number of additional veins of gold that continue beyond what we expected,” Joseph Lee reports.

[highly geared] 04/11/2020 22:24

Looks like part of the forward gold streaming finance that BMV are looking at. Loans from private investors repaid in discounted produced gold from the mines..

[digger2779] 04/11/2020 22:18

Thoughts anyone?

[cbeadle] 04/11/2020 12:09

It should rocket if they can buy Southern Gold's 50% on reasonably favourable terms

[highly geared] 03/11/2020 17:58

Hopefully we’ll hear on the independent expert valuation of the mines by a week Monday and can finally see a path forward to first gold by mid 2021.

[digger2779] 03/11/2020 16:29

Starting to pick up again.

[rakepat37] 01/11/2020 11:08

Great time b in gold, hopefully news soon

[cbeadle] 28/10/2020 19:10

Not surprised there’s been a dip in the share price with gold and the stock market selling off. Southern Gold have also dropped quite a bit

[euclid5] 22/10/2020 20:28

For the ones that never got in at just over a 1p I guess

[digger2779] 20/10/2020 14:29

This is a pile of poo for some lol.

[annie1982] 20/10/2020 14:22

6p must be coming at some point soon

[rakepat37] 20/10/2020 14:08

Looking good today

[dreamtwister] 19/10/2020 09:45

ASX ReleaseThursday 3 september 2020 New Strategic North American Investor cornerstonesoversubscribed$10.2millionequity raising•Commitments received for the subscription of 85,000,000 ordinary shares at $0.12 per share with total $10.2 million raised (before costs)•The issue received strong support by a North American strategic investor, Crescat CapitalLLC,which will invest $2.5 million•Metal Tiger PLC and Flannery Family Office investing $1.7 million and $1million respectively, maintain their 17.1% and 10.4% shareholdings•Funding enables expanded drilling campaigns on multiple targets and a ramp-up on project generation activity over the next two years

[bo doodak] 18/10/2020 23:59

Dreamtwister, I neither have need or inclination to justify my opinions to you.

[bo doodak] 18/10/2020 19:37

Dreamtwister, I would assume anyone investing in either BMV or SAU would have already, as a matter of basic research, looked into the two mgts, taken a view on their respective capabilities, and invested accordingly.

[dreamtwister] 18/10/2020 11:00

one bite of the cherry,maybe sweet ?

[bo doodak] 18/10/2020 00:07

BMV have highly experienced mngt team. Given their own history and successes I'm sure they've needed to have a hard business edge when required.

The valuation gap may partly be a function of the markets view on the quality of the competing BMV v SAU mgt teams, and how any monies will be spent wisely or not.

[cbeadle] 17/10/2020 16:37

I like BMV, operate under the radar with very little fuss, I think the SAU position will soon sort out ok, SAU need the capital to enhance their exploration projects

[dreamtwister] 17/10/2020 15:41

To enlighten you all,to fill a workplace vacancy the vacant position by Law

must be offer`d to a wider audience than full-filled in-house !



If a sale to BMV does not proceed, Southern Gold has the option to consider a sale (whether partiallyor fully) ofits50% interest in the Singapore JV companies to third parties or the possibility of listing or vendingthese joint venture assets(only)on to another stock exchangesuch as the Standard Segment on the London Stock Exchange for example. Discussions with third parties have already commenced and Southern Gold has made some progress on several of these options.