Bluebird Merchant Ventures Share Discussion Threads

[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 !!!

[bittorrent] 19/3/2019 06:53

parsons4, have a look at HUM, producing gold now.

[parsons4] 19/3/2019 04:45

Just bought some today for the first time. I have been looking for some SMALL gold companies so have added this to my existing ones which are ARCM,SHG and SOLG. All the people that I follow believe we are entering a GOLD bull market. I believe it is the small companies that are VERY NEAR to production that are the ones to go for. Lets face it if the market cracks you need something to act as a hedge, all IMHO of course GLA

[rakepat37] 18/3/2019 16:32

Just bought some near the bell, looking forward to 2019 development

[nw99] 18/3/2019 13:05

Running my slide rule over this looks interesting now with cash in bank and approval expected next week

[cool runnings] 18/3/2019 12:20

2.25 .....

[hazl] 18/3/2019 11:37

I am working today....what price were the shares at placement please?

[cbeadle] 18/3/2019 11:26

This will soon fly IMO as news progresses on production. Highly promising that the 3 directors have bought big in the placement

[tsmith2] 18/3/2019 09:55

Good volume

[bo doodak] 18/3/2019 09:40

At least they didn't issue themselves warrants as in the last raise of 15/11/18 where they emphasised its 'premium' nature 4 times within the text.

Joint brokers as well now I see

[euclid5] 18/3/2019 09:31

This is an example of what the rest of AIM/ small cap LSE co's directors should do - participate in all placings - put your money where your mouth is

One good point here is they don't require an expensive long timeframe BFS report to be used as a funding requirement on exploration mines - DEBT funding will be open to them on these 2 mines

first gold in 4Q19, just in 6 months time

[bo doodak] 18/3/2019 09:25

Note use of the term ''available headroom''

[montynj] 18/3/2019 09:11

Onwards and upwards now...I'm very pleased they have successfully raised money and even more pleased that the directors have participated in the raise. Good on them. Shows that they have skin in the game and want this to succeed

[montynj] 18/3/2019 09:08

True but at least they have dosh in the account now...

[the deacon] 18/3/2019 08:45

Yup, doubtful they'd stump up the best part of £200k if they weren't confident that all was well. Great opportunity presenting itself

[tsmith2] 18/3/2019 08:41

Good to seeand Directors, Colin Patterson, Charles Barclay and Aidan Bishop contributed GBP 186,500

[cbeadle] 18/3/2019 08:12

Big mark down but hopefully this will not last long

[cbeadle] 18/3/2019 07:52

Promising news and encouraging the board members participated although it looks like they arranged a good deal. There will obviously be need for more fund raising before production but hopefully there will be good appreciation in share price so it can minimise dilution

[digger2779] 18/3/2019 07:50

See the kindly mm's have already marked us down pre opening. Should be an interesting day as we know the story here.

[the deacon] 18/3/2019 07:14

Looks as though good progress is being made. Very disappointing placing price, but at least the board continue to open their wallets..

[shieldbug] 15/3/2019 17:50

At Kochang I think they are hoping to haul out some previously cut ore to begin with. The biggest initial cost may be the processing plant. I would guess though that there will be unforseen costs along the way. Are people confident of the directors? I have some reservations about Aidan Bishop and Mitchell Tarr who seems to be connected to the controlling Fiske share holding. Patterson and Barclay seem ok.