Bluebird Merchant Ventures Share Discussion Threads

[tsmith2] 09/4/2019 19:24

Some decent buys today.

[tsmith2] 09/4/2019 09:27

a little bit more interest today. building up to a very busy 12-18 months

[langland] 09/4/2019 09:03

Recent setback stopped around the .618 retracement so I bought a few more this AM.

[bo doodak] 09/4/2019 08:59

You've covered off all the success options there with ''will/should be'', but either will do me as long as they get there within a reasonable timeframe.

On a more serious note though, the way companies have to 'manage' the content of their RNS's to get to the point they finally acknowledge a change means investors are continually required to interpret and analyse nuanced language. Its a bit tiresome.

[hazl] 09/4/2019 08:50

A mine-friendly country makes all the difference.

[highly geared] 09/4/2019 08:46

Getting into production as the next financial crisis looms with central banks buying record amounts of bullion over the last year... 2020-23 should be sweet spot for gold just as BMV are in production at 20-50k oz per annum, possibly more. From an investment perspective, timing couldn’t be better...

[skyship] 09/4/2019 08:38

Production delayed? Yes, maybe slightly; but it remains a fact that once the permits are in place at both projects, then the MCap here will/should be considerably higher.

At 2.3p once again the Risk/Reward ratio looks highly attractive; the short term froth has evaporated and the way now looks clear for another run in the share price ..

[bo doodak] 09/4/2019 08:03

Encouraging news. Small hints in there that production schedule has fallen behind somewhat.

[rakepat37] 09/4/2019 07:52

Agree it's unusual to have low shares and a mine partially ready to go, Infrastructure in place. Directors fully loaded. Looking forward to a steady rise over the coming weeks and months

[tsmith2] 09/4/2019 07:50

project development will be largely funded too..minimising dilution.Peeps need to get their head round where we are to where we would be and at what cost of this had been a green project

[the deacon] 09/4/2019 07:43

Yeah that's the key isn't it. We know they're not just sitting around twiddling their thumbs. Still view this as potentially one of the best risk/reward plays of 2019. At such a lowly mcap you'd think production was simply a pipe dream. To think we should be producing sometime in Q4 just shows the scale of opportunity here.

[highly geared] 09/4/2019 07:30

Great stuff. On a 3 month timetable, I’d expect everything to be in place but they are getting on with the preparation work.

[tim000] 09/4/2019 07:19

I agree about timeframes. You have to say something, but Hurricane’s Robert Trice is the exemplar. He’s overseeing a massive North Sea oil project at the moment and his timeframes are expressed in half years. Moreover, he gives himself about six months’ grace to allow for overruns. BMV could easily have expressed a timeframe of end-H1 2019.

[tsmith2] 09/4/2019 07:18

Excellent news!Penny about to drop?

[the deacon] 09/4/2019 07:13

Looks very positive, though I wish they hadn't talked about timeframes in previous RNS's, as these things almost always have a habit of slipping - especially when working when Governments are concerned. On the whole, it looks very good, and I'm looking forward to hearing about KORES too

[rakepat37] 09/4/2019 07:05

Great news today

[king_baller] 08/4/2019 22:39

I’m surprised there wasn’t more buying today. This is one thats should be in a tax efficient wrapper for sure! I guess it’s still under the radar, and people are nervous about permits and funding. I’m locked and loaded!

[tsmith2] 08/4/2019 17:36

roll overs?

[tsmith2] 08/4/2019 15:52

yes the permits and grant are pretty much a given from what the company say and I don't think they'll be sitting around twiddling their thumbs in the meantime

[euclid5] 08/4/2019 11:45

China, the world’s top gold producer and consumer, is facing signs of a slowing economy, even as progress is being made in trade negotiations with the U.S. The latest data from the PBOC indicate that the country has resumed adding gold to its reserves at a steady pace, much like the period from mid-2015 to October 2016, when the country boosted holdings almost every month.

[highly geared] 08/4/2019 11:19

Doesn’t surprise me as the timescales seemed ultra optimistic. Happy to let thid unfold. I see the traders have gone..

[cool runnings] 08/4/2019 09:27

Don't think anything on permits until the end of the month! I believe everything will be granted and also the KORES funding will be announced soon .

[tsmith2] 08/4/2019 09:07

cool runnings what's latest?

[tim000] 02/4/2019 22:16

Thanks, that’s an even more interesting reply! I don’t have enough time to research all of my holdings as thoroughly as I’d like. I had thought the BMV team were old hands at recommissioning old mines, and I wasn’t aware that SAU brought additional skills to the table. It’s a shame though that their lack of focus has left them in such a vulnerable position financially. The SK authorities will want financially robust partners, not just ones with mining expertise. Any delay in their sales process could conceivably have knock-on effects on the timing of first gold production in SK.