Bluebird Merchant Ventures Share Discussion Threads

[tsmith2] 13/12/2018 08:51

yes, v disappointing. In meantime hold on up and we are making excellent progress

[digger2779] 12/12/2018 16:51

Doesn't take much to knock this one down unfortunately. Looks like I'll have to buy a few more for xmas :)

[hazl] 05/12/2018 10:00

'Excellent Results Indicated from Initial Metallurgical Test Work on Kochang Samples '
Brilliant...sorry late to the party today.

[skyship] 05/12/2018 08:25

Today's RNS continues to build the evidence for a short-term, low cost solution.

Hopefully we will hear something soon regarding SAU's possible new JV partner. Could be a real game-changer - especially regarding the share price!

[bo doodak] 04/12/2018 17:55

Does whet the appetite somewhat....if they can deliver.

SAU investors appear quite disenchanted with the slow progress, in their eyes, but I think they need to realise these things always takes longer than one wishes.

[skyship] 04/12/2018 17:12

So that would mean annual revenues at the start of c£10m...

[bo doodak] 04/12/2018 16:45

SM at Mines&Money London.


Kochang probably still best bet to be 1st production. Initial total capex figure of only $5m to get there, split 50:50 generating circa 10K oz p.a. to start with.

Cannon underground news soon

Recognises importance of cashflow asap.

Main problem continues to be investor lack of knowledge/confidence re South Korean prospectivity.

We need some kind of catalyst, until then have to be patient

[ttg100] 29/11/2018 11:00

bought a few
GL all

[ttg100] 24/11/2018 16:23

>> SKY many tks

[eeza] 24/11/2018 10:09

Long Term Chart,above, looks like a large H & S forming.

[skyship] 24/11/2018 08:10

BD - have added that interview link to the end of the Header.

[skyship] 24/11/2018 07:18

As I said in P.12 above - see below. Thnx for yr post BD; this is potentially great news for the JV with SAU, with now the very real prospect of revenue flows in just 12months time.

"The obvious concern is that both BMV and SAU are under-capitalised and will have to continue issuing new equity to meet all expenditure. If the news remains good then no problem as the issues should be into a rising share price That said, there is also the option of bringing in a larger JV partner to undertake the mining operations when things start to gear up."

[bo doodak] 21/11/2018 17:37

For anybody interested, the latest interview AFAICS. As you would expect, with his background, AB is perhaps not the best at explaining the mining aspects, but he makes a lot of good points none the less.

[hazl] 21/11/2018 11:54

Gold ...in positive territory .....

[skyship] 21/11/2018 11:49

tsmith - you seem to be somewhat in a quandary as to whether you trust charts or not; as you posted this elsewhere today:

"£1 seems to be resistance. but base forming possibly. Watching v carefully to go long"

[tsmith2] 21/11/2018 10:02

Lol. piercing insight into the thoughts and mind of those who use tea leaves for investment decisions!

[skyship] 21/11/2018 09:50

PJ - the chart broke down back in July. If you look at my post yesterday you'll see that the chart shows a likely break North. We'll see...

[pj 1] 21/11/2018 09:08

tsmith2
21 Nov '18 - 08:53 - 13 of 14
0 0 0
more volume here today

stale bulls selling is good
==================================================================================

How do you know it is stale bulls selling? You do not. More like selling due to the risk of the chart breaking down IMO

[alphorn] 21/11/2018 09:01

Thank you for that reply Skyship.

[tsmith2] 21/11/2018 08:53

more volume here todaystale bulls selling is good

[skyship] 21/11/2018 07:29

Alphorn - see p7 onwards taken from the Q3 Activities Report issued by Southern gold on 31st October (thnx to Euclid above).

BMV is a conventional mining company operating a different prospecting strategy - that's all.

The obvious concern is that both BMV and SAU are under-capitalised and will have to continue issuing new equity to meet all expenditure. If the news remains good then no problem as the issues should be into a rising share price That said, there is also the option of bringing in a larger JV partner to undertake the mining operations when things start to gear up.

IMO BMV is not a normal investment prospect; rather I view it is a calculated speculation with what looks to be a quite acceptable Risk/Reward ratio. An asset allocation of 2%/3% would seem not unreasonable.

[euclid5] 20/11/2018 21:57

worth reading the Hot Copper thread on SAU, some very valuable details in there across the pond