Bluebird Merchant Ventures Share Discussion Threads

[fishboy] 30/4/2023 19:53

Makes sense to me about using the cash they have to pay down the debt, not sure the amount was too large anyway, though agree good business sense.

[terminator101] 26/4/2023 07:42

£1.5 million loss huh. And you couldn't write more backwards Weasley worded statements if you tried. Plus ca change from Morley Kirk who has spent decades rinsing gerbils

[digger2779] 18/4/2023 00:04

Just listened to the Stockbox update and still can't see how they will become debt free. One of the lenders is super keen to offer a facility for them to pay off all the loans. OK at what price as they still owe that lender? Are they going to part with some of the assets or pay them in actual gold? If the latter then they had best make sure any contract is watertight. I was in Cambridge minerals years back and the directors signed a deal with Bluecrest to pay them back in physical gold. There was a day or so delay in producing the gold and the asset was taken off us. Unbeknown to us simple shareholders there was a clause in the contract which forfeited the mine in the event of late payment. Just goes to show how stupid some so called business men can be.
I think our lot have more acumen but I don't believe in santa claus.

[jasper2712] 17/4/2023 16:29

" Brings more politics into the process". This is what people are worried about. Politicians the world over are crooked - you only have to look at our own.
They will be looking for their cut - I remember it only too well with a company called Churchill Mining . They were shafted by the politicians and the coal mine was basically stolen from them. This could well go the same way.

[fishboy] 17/4/2023 15:56

This Stockbox update seems to of reassured the market.

Not selling zilch

GLA

[mustafa15a] 17/4/2023 13:50

Falling knife since 2020.....this stock is Covid haha there is £1500 I am never gonna see again

[captain_kurt] 17/4/2023 12:33

Wouldn't touch this share with a bargepole.

Numerous failed deadlines

[digger2779] 17/4/2023 12:04

Further delays but a 25% drop seems harsh.
Intrigued as to how they are going to become debt free.

[determined] 17/4/2023 08:30

Good job they got the recent placing away before learning of this bad news :-)


TW, VOX, and ZAk Mir were all pushing Bluebird at the same time, just before the placing, which was not a good sign.

[cbeadle] 17/4/2023 08:09

It’s a setback but seems to be wildly marked down- South Korea seems to have challenging obstacles

[terminator101] 17/4/2023 07:17

Speed bump huh. More like plus ca. change with this pile of pish. Down it goes

[captain_kurt] 17/4/2023 07:17

You couldn't make it up. it's like a only fools and horses comedy sketch FLOL

[philby1] 17/4/2023 07:16

Not the 'imminent' news we were wanting Colin!

[johnyee 7] 13/4/2023 22:10

Some huge trades.

[jasper2712] 13/4/2023 09:40

I can only surmise that the delay is been caused by someone realising, that with the current price of gold , the potential money to be made has gone up significantly compared to when the application was made. They now want more money before granting the permit. It has happened before and will happen again when there is money involved.
Why should South Korea be any different from the rest of the world!

[jasper2712] 11/4/2023 12:37

Imminently - now 6 weeks have passed. I thought the South Koreans were easy to work with. They seem to be delaying this permit - more cash needs to put in brown envelopes.

[fishboy] 06/4/2023 21:36

Hey agree, that’s our Gold resting in the ground.

Patience is a virtue, it won’t be long now.

[meanreverter] 06/4/2023 06:32

Commonly, time series for prices move through particular numerical values once, twice, … , or thousands of times. The number of times a price has moved through a certain level has no predictive value.

[parsons4] 05/4/2023 07:24

Gold now over $2000 AGAIN for the third period so maybe now it can continue up !!! My other gold investment is Shanta, Has anyone got any other ideas ?

[captain_kurt] 04/4/2023 16:29

Did we not start mining last in Dec? The immenancy continues. How lucky bluebird is working in the fast mining SK sector..

[digger2779] 04/4/2023 16:06

POG 2018 and we aint budged. That permit was due last week according to the last interview. Must be living in a different time continuum to the rest of us.

[value viper] 04/4/2023 08:42

Well it's been a month since the 'expected imminently' for the passes - maybe longer since I have first read that imminently word I do wish terms like these were not usedNot saying they won't arrive but it smells of dangling carrots