Bluebird Merchant Ventures Share Discussion Threads

[cbeadle] 27/3/2019 13:55

The market is clearly sceptical about production starting this year and these projects often take longer to accomplish, production this year is best case scenario

[shieldbug] 27/3/2019 13:47

So work commences on the entrance to Kochang in 2nd week in April. Followed by 8 weeks of refurbishment work. Then the drilling starts (mid June)?

From 6th Feb "The application for the grant was submitted on 30 January 2019 and the Company expects to hear by the end of February if it has been successful. As part of the application, Bluebird has supplied its intended drilling programme to KORES. The drilling programme will seek to identify the position of the three veins in a major unmined corridor of the deposit." and "Should the application be successful, KORES will fund 70 per cent of the costs of Bluebird's agreed drilling programme."

The grant for drilling still has not been approved.

If the purpose of drilling is to locate the three veins that sounds like quite an open ended programme. I would guess we might hear some initial results around mid August with drilling continuing into the autumn.

I am sceptical about production starting this year. I would prefer management managing expectations a bit, otherwise the share price will flounder in continual disappointment.

[highly geared] 27/3/2019 07:23

Progress continues. Good RNS, April and May pivotal on so many (positive) fronts.

[digger2779] 26/3/2019 08:37

tsmith - let's hope it is good news. Should know soon enough as this is a bit of a leaky share proceeded by buys or sells depending on type of news that is about to be broken.
See your post has been marked down for some reason...some strange folk about haha.

[tsmith2] 26/3/2019 07:56

news next day or so imo

[highly geared] 25/3/2019 08:33

Gold consolidated nicely above $1300. All shaping up nicely..

[skyship] 24/3/2019 17:02

Euclid - thnx for that link in yr 494 above

[cbeadle] 23/3/2019 21:33

Is this really a sub £10m market cap company, opening up huge resources in a mining friendly country with in place infra-structure, close to permits?
2.4p doesn't seem real, even 12.4p would be a big bargain.
Wake up market, get on board in this window of opportunity!

[tsmith2] 22/3/2019 16:11

Gold rising. Hopefully north of $1400/oz before we move into production

[rakepat37] 22/3/2019 15:28

Hopefully Big incoming news next week regarding permit

[tsmith2] 22/3/2019 11:25

I wouldn't want to be either

[digger2779] 22/3/2019 11:18

tsmith - I think you are right. SVS probably making a quick return for their clients to keep them sweet. Probably made them a quick 10 - 12%. That's the way of the world which the likes of us aren't invited to.

[bo doodak] 22/3/2019 09:52

The main issue holding us back is still the same here, confirmation of availability of mostly debt financing funding and thus limited dilution.

[tsmith2] 22/3/2019 09:35

Looks like some of the placing shares went to spivs

[tsmith2] 22/3/2019 08:29

there's always an overhang here!

[cbeadle] 20/3/2019 18:35

Plenty of buyers but no mark up in the share price at all, seems the market makers have an overhang of stock

[tsmith2] 20/3/2019 08:34

Have SVS written up on us?

[bo doodak] 19/3/2019 20:46

And as intimated 'SVS Securities have also been appointed as a Joint Broker to the Company, which is expected to enable the Company to reach a wider base of potential shareholders.'

[euclid5] 19/3/2019 20:45

Buy Gold, Sell Stocks Is the ‘Trade of Century’ Says One Hedge Fund

[digger2779] 19/3/2019 16:44

Why would they want to sell placing shares unless they are confident that any fresh news wont raise the share price above what they are getting now. Surely better to wait?
A bit peeved that we are down on what appears to be largely buying yesterday and today.

[highly geared] 19/3/2019 16:35

AAZ is excellent
Selling of placing shares started...

[user2007] 19/3/2019 16:26

Check AAZ. - very cheap at the moment- pays divi- generates cash - good management- rerate expected

[parsons4] 19/3/2019 07:52

Yes I recently bought and the sold HUM as I am not sure about the management !!!