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Gold mining in S. Korea...

SKYSHIP
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Gold mining in S. Korea...

#182662

Postby SKYSHIP » November 24th, 2018, 9:11 am

Not yet sure what my Tip for 2019 will be; but I already know what my Spec for 2019 will be - Bluebird Merchant Ventures (BMV) is a microcap gold miner looking to exploit old mines in secure and supportive S. Korea.

I've started a new thread over at ADVFN, with all the background detail in the Header:

https://uk.advfn.com/cmn/fbb/thread.php3?id=43535780

Offered at just 2.11p, now would seem to be a great time for this play:

# The gold price looks to be recovering
# The chart looks very promising
# There is talk of a large Aussie miner joining the BMV/SAU Joint Venture
# There is a distinct possibility of revenue as soon as Q4'19

The Risk/Reward ratio suggests value IMO; but of course as with any AIM miner, treat it as a low allocation spec!

SKYSHIP
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Re: Gold mining in S. Korea...

#184821

Postby SKYSHIP » December 5th, 2018, 9:00 am

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 (SAU being BMV’s JV partner). Could be a real game-changer for the early exploitation of the Korean assets - especially regarding the share price!

https://uk.advfn.com/stock-market/londo ... u/78821969

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Re: Gold mining in S. Korea...

#196480

Postby SKYSHIP » January 25th, 2019, 3:45 pm

24th Jan'19: Interview with Charles Barclay, COO:

https://twitter.com/blytheweigh/status/ ... 63617?s=12

SKYSHIP
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Re: Gold mining in S. Korea...

#213888

Postby SKYSHIP » April 9th, 2019, 1:37 pm

Since my last BMV have been up to 2.9p bid, I know that because I unloaded at that level; also a few lower down at 2.7p.

Over recent weeks the froth came off the sp & reduced back to 2.2p; so couldn't resist to get back in for the next run.

This is likely to be coming soon; sustained by today's RNS:

https://uk.advfn.com/stock-market/londo ... v/79655288

The Risk/Reward on this low capex gold play again looks right to play with a low allocation.

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Re: Gold mining in S. Korea...

#213890

Postby MaraMan » April 9th, 2019, 1:54 pm

I too have a small holding in BMV and think it probably has legs. The SP does bump around a bit, as you would expect, but I think this is a good long term bet. Its going to be producing gold soon and needs relatively little CAPEX.

MM


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