Bluebird Mer Share Price (BMV)

Agree moneymaker - big rises with few posts here which is strange - tells me that stock is in short supply and the herd really have not cottoned on to the potential here. Gold is going is heading past $1800 this year in my view and who knows where to - the financial impact of Covid has not even started yet. I take no comfort in saying that - it means that underneath there is untold human suffering and anxiety - horrible times.
Keep you and others safe by doing the right thing out there!

It’s mad to think anyone that got in at the start of the week has doubled their money already!

The reasons why this is one of the favourite in my portfolio is because the initial capex is very low, mine start-up duration is very short and there’s very few shares in issue. Provided this agreement gets finalised, which is highly likely now it’s legally binding, the chance of future dilution is minuscule! It’s almost too good to be true!

Like David says, Covid-19 has/will have an impact but even so, mine start-up could still happen this year. This is one share I need to fight the urge to sell for 2 years because we could be absolutely flying by then. Fingers crossed.

Nice post David and welcome

Last RNS gives increasing confidence that the funding to develop both mines will be forthcoming and non-dilutive. The prospectus (300 pages) released last June refers to costs of the construction phase of $1m (for BMV 50% share) so the funding would be more than sufficient to reach production which could still commence this year. The development permits were received in November and December so although there may be a delay due to C-virus there is a good chance the timescales are still achievable. Management and directors are very heavily involved as major shareholders which will fuel their plans to get mining and production underway. Costs are low and the margins higher than with most gold producers. Hopefully new investors will have time to research and assess the prospects.

19% rise and no chat here - this is a strange BB. Maybe posters will become more vocal at 3p...
All the best and stay safe.