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!
Got a credit card? use our Credit Card & Finance Calculators
Thanks to eyeball08,Wondergirly,bofh,johnstevens77,Bhoddhisatva, for Donating to support the site
Gold mining in S. Korea...
-
- Lemon Slice
- Posts: 476
- Joined: November 6th, 2016, 12:24 pm
- Has thanked: 2 times
- Been thanked: 553 times
Re: Gold mining in S. Korea...
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
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
-
- Lemon Slice
- Posts: 476
- Joined: November 6th, 2016, 12:24 pm
- Has thanked: 2 times
- Been thanked: 553 times
Re: Gold mining in S. Korea...
24th Jan'19: Interview with Charles Barclay, COO:
https://twitter.com/blytheweigh/status/ ... 63617?s=12
https://twitter.com/blytheweigh/status/ ... 63617?s=12
-
- Lemon Slice
- Posts: 476
- Joined: November 6th, 2016, 12:24 pm
- Has thanked: 2 times
- Been thanked: 553 times
Re: Gold mining in S. Korea...
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.
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.
-
- Lemon Slice
- Posts: 497
- Joined: November 22nd, 2016, 3:30 pm
- Has thanked: 219 times
- Been thanked: 228 times
Re: Gold mining in S. Korea...
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
MM
Who is online
Users browsing this forum: No registered users and 27 guests