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@myfirstmillion
"Yep, either they were not as good as the handheld monitor said or they were very good and CB is being canny and not disclosing then just yet for some reason or Covid has held things up or there was some problem with the tests and they're having to be redone. Take your pick."
Well there you go.
Whoever started this thread must be feeling rather gullible now.
"The most I've heard from bag members on here is cb hears the concerns and is doing his best and they just accept this as a answer. Never any promises with dates or plans/aims. Just kicking can down road approach. I dont think bzt is behaving like a normal juniors who is after it I disagree . They seem to not even want to drill or explore just sit on potential projects which adds no value and wait for another placing"
This is it, in a nutshell
Also, those who think that CB may be sitting on 'stellar assay results need to look up the rules of the Stock Exchange....it is simply a nonsensem, desperate and naive suggestion. Many of us were taken aback by those handheld assays, they seemed to come 'out of nowhere', were followed by a ramping interview by CB and the SP doubled in the ensuing 2 weeks....hmmm.....
Not really the fee is worth shutting up 1stmillions point that he gets to decide who can post and who cannot , doesn't bother me if non holders on the sidelines post on a forum , doesn't make there points less valid in fact in some cases more objective less bias. Ill bet you UFO makes 10p before BZT makes 1p because they actually drill /get results/inform there holders on what the plan is, seem to actually want to be a real company in the mining sector. If bzt does make 1p I honestly think it will off the back of macro events like a copper supply issue/ Electric push which will lift all companies rather than the wit and plan of CB from what I've seen so far. I mean how can you be months late with results and not even have the respect to do a sharetalk interview or something explaining delays
@lokanraej, agreed. It's the silence on the assay results that we were told would be out in May that comes across as deceitful (putting it mildly). If CB can't be bothered to release an rns to explain why, then he could have at least advised the BAG. Honestly losing any last respect for the bloke by now.
Smiller
Let me know once you have purchased the share in the morning, mind, it will cost you more in fees!! so a silly comment wasn't it?
If you do buy one though, be sure to post, then you can join the bag group and put all your concerns to them and they will forward onto the ceo. At least you will be doing something useful then instead of wasting your life away talking and talking about nothing or nothing that should concern you. As I said before go back to ufo and peddle the twaddle about 10p lol.
To be clear to all who read my posts my take on the positives and negatives are already in the marketplace , assays late, licence renewals , both appear to be on track. The real positive is the JV with Caerus though, remember these announcements seem to have had a positive impact over at Caerus, not so here, Colin is aiming to change that, as he needs to do, but he needs time to collate all of the information and once that is done, I see fireworks if all goes to plan. Just me reading between the lines and some very bullish comments from Colin.
The share price here is far too low, as it is with many small AIM miners, but bzt still has more projects than most and 2/3 really good ones.
Watch this space .
Mr T
First million I'll comment on any page I like I've made that clear but just for you I'll buy 1share on monday ok . Am allowed to keep eye on any share rooms like I like . I dont comment on most but I feel I need to here more than others cause folk here seem deluted about the progress. Almost tempted to report CB for sitting on essay results for so long without a rns to explain why. Surely it's not allowed. Now that I'll own a share it's in my interest lol
Yes, that's what I thought. As to the second reason, his withholding them would not be allowed as far as I know, but at the same time, if I were a CEO in this type of company, I would be reluctant to release anything positive over the summer when it would likely be ignored by the market.
Actually what I should have asked was did you mention them in the BAG meeting, but your reply anyway tells me that you didn't learn anything significant. I would have thought you would have asked. Would it have been price sensitive for CB at least to say 'we're still waiting for them?'
Hope there is news soon! Thanks and good luck.
Yep, either they were not as good as the handheld monitor said or they were very good and CB is being canny and not disclosing then just yet for some reason or Covid has held things up or there was some problem with the tests and they're having to be redone. Take your pick.
Do you have any thoughts about the assays, myfirstmillion?
smiller why you feel the need to comment here every day I have no idea. You're not invested so don't worry about it, let those invested worry about progress. Concentrate on stocks you actually own or you may miss something in those.
I can't imagine commenting every day in a negative way about another company I don't own any shares in. First off it's just plain weird and secondly it's rude and would obviously be likely to cause offence to those who are invested. You have to be some sort of **** to know that and still go ahead and do it everyday anyway.
Yeah, that view fits the facts, it may be like that.
The optimistic view is that they are a company with limited funds, looking for resources in sketchy locales during a pandemic, after several years during which few projects were even viable due to the prevailing commodity prices, and derisking somewhat by hedging between several different projects to avoid existential issues for the company if one projects goes wrong.
The strategy of Colin Bird across all his companies has been to position to take advantage of the copper bull market he anticipated, some like XTR have made discoveries and risen in price, some have not. It doesn't look very successful (yet) but it looks like what it says on the tin. I don't trust Colin Bird as in trust him to prioritise small investors, not to dilute, not to promote his company's probability of success to investors beyond what the immediate prospects, at least, turn out to hold, but I do think he knows what he is doing and his goal is to prove up resources and grow his companies.
If the good news the company posted this year was accurate, that good news becomes no worse through a lack of news later on, and the projects it is involved in are no less interesting, and further news could see interest in them and the sp pop.
However, the assay results are several months late. The Mankayan project was also a large reason for the company holding its value, though licensing issues can't really be accelerated so perhaps the waiting is inevitable. But MrTriumph mentioned negatives: if those negatives relate to the most important existing projects, to the assays as well as Mankayan, which caused the recent-ish rise, and the positives relate to new, smaller projects like Cyprus, then I think we need to know.
Goodluck . The most I've heard from bag members on here is cb hears the concerns and is doing his best and they just accept this as a answer. Never any promises with dates or plans/aims. Just kicking can down road approach. I dont think bzt is behaving like a normal juniors who is after it I disagree . They seem to not even want to drill or explore just sit on potential projects which adds no value and wait for another placing
Did you ask about the assay results and the Philippines license renewal? I can understand irons in the fire, and you are right looking at other explorers that came good like UFO; this is the way prospecting works, and periods of low commodity prices slowed things down in the past too. There is nothing really that is unusual about Bezant's slow progress, and I think people who suggest it's a scam don't really appreciate this and the realities of getting things done in different parts of the world during a pandemic; there's nothing to indicate that this company is not what it says it is.
But a lot of people bought in due to the assay results. There has to be a reason why these haven't been released. This is not normal for any company, to report something so promising, incendiary even, and be this late/silent for so long. If I was a member of any group like your contacting the CEO, this is what I'd be interested in and it seems that you must have asked at least. Throw us a bone? Or at least give us your take on why it is taking so long.
MrT the problem isnt the number of projects though is it its the complete lack of progress on them , just even one of them. Why I on sidelines for now.. PI deserve less projects and progress on one them surely. gla
Yes overall positives outweighed the negatives for sure.
Yes the blue sky projects are still in progress and being assessed as with All these types of minor miners, these take time, and bzt do have a significant number of said projects, somthing that attracted me and I suspect many others in the first place.
However there is now a new kid in town, the joint venture, which could initially usurp the other projects in the near term. That's not to say one or two of the very exciting projects are not also still of major interest.
So bzt currently has many irons in the fire, just need the newsflow now and this could still do a UFO!!
Have a good weekend.
Mr t
Were the positives more significant than the negatives? Or more specifically, there were certain positives this year that got people enthused about this stock, do you think they are still positives?
Regular income does sound good but people are interested in Bezant for the blue sky projects with huge potential upside.
Prickly,
I agree he appeared so and I read it that there should be regular updates shortly. Trouble is the sp has now fallen significantly in fact way oversold so any positives should see this quickly rise again. Looking at the sector many stocks are stagnant at the minute or have fallen back so bzt is certainly not alone.
The update contained several positives and a few negatives looks like Colin is shifting focus here on the new development which does look as if it could be exciting, providing the newsflow is regular and Colin starts talking again building the momentum. Regular income!!
I'm still bullish here, but disappointed with the lack of news throughout the summer months which has allowed us to drift to silly levels.
Certainly many projects on the go here Colin needs to now choose the most beneficial for shareholders and push on with it without distraction, and get the date price moving north.
Over to you Colin.
Mr T
Bye, dont let to door slap your a*** on the way out.
Mr T
I bailed. You r gonna have some more quiet time while you watch this **** go below 0.10.
and I meant to add the copper price has jumped back today.
There will be news soon.... CB was apologetic at the last BAG meeting and we hope the flow will improve .
I have topped up as BZT is very cheap atm.