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Let’s not forget, the fourth quarter has only just started. Southern Gold are not overly excited at having to wait a bit for their 300 m shares.
Hopefully the new website is about to come off the press…..that should shut up our resident troll….no doubt he/she will miss the boat for cheap BMV shares !
I find it amazing how a brainless troll can attempt to takeover a sensible blog….most probably to somehow engineer a lower share price for his own benefit.
We have to remember that Bluebird now owns 100% of the two mines….with 1.5 billion dollars of ready to mine gold…….and has funding from South Korea to bring the mines back into production…so no dilution there then.
The 300 million shares to be issued to Southern Gold will be held by that company for the foreseeable future…in effect no dilution….with Southern Gold as a strong partner this could be seen as highly beneficial to Bluebird.
Patience is required here……..with the new website imminent……
There are many investors supporting Bluebird…….not all contribute to what is sometimes a futile conversation. Aidan has already confirmed to me that things are progressing according to plan and that the new website is nearly ready for launch. But you can’t please everybody……..
I have again written to Aidan Bishop requesting an interim update regarding Korean finance, the new website, and timing of mining start………hopefully we will have a few answers very soon.
I feel that those of us who are patient will reap the rewards……to 1.5 million at3p is ridiculous when in a few weeks time we could be looking at at least 6p plus to sell…..
I’ve tried to get a definitive update from BMV……..but they say that a timetable to Gold production is hard to predict at this stage……but they are progressing with the website.
It’s a matter of being a little patient……waiting for one of the best Gold plays on the London market (not my quote!)……..
So we have an experienced management who have already successfully refurbished gold mines and sold those mines at great profit, we are funded through to production with up to 100,000 oz of gold in prospect, the price of gold is forecast to continue rising ( with inflation, enormous worldwide deficits ,the Chinese public now allowed to buy gold)….and yet traders sell BMV….
Simon Mitchell MD ofSouthern Gold has said on the Australian website SmallCaps that the deal with Bluebird will be transformative for Bluebird, and expects Southerns 30% shareholding in BMV to increase in value substantially……..
BS I’ve already given his reply…….all contained within the log……excluding my comments “lull before the storm”.
The deal is done. The administration of the deal……getting everything organised and in place to start opening the mines which apparently contain at least 1.5 billion dollars worth of easily mined gold………
I have today emailed Aidan Bishop suggesting that the company urgently uses some PR to inform shareholders and prospective shareholders of the the short /long term potential of Bluebird now that the deal with Southern Gold is agreed. Hopefully a constructive response will be forthcoming...
I understand that TW has also written………..
Meanwhile gold hovers above 1800 dollars…..
By my calculation there have been over a million buys this morning…..all showing as sells……this is so misleading…….but given the positive remarks from both Southern Gold and Bluebird we shouldn’t have too long to wait…..
I would suggest that if you want up to date news that you register for operational updates with Southern Gold……..I would anticipate that news of the impending deal will be published there first………also, most of the “sells” showing today are in fact “buys”……….
It is of course very frustrating and BMV management aren’t exactly assisting……but Southern are more professional in their communications. …..and they are expecting a positive outcome…..TW has also received a very positive indication from AB “we are nearly there”………
Well, the Chief Exec and Chairman of Southern Gold have already confirmed that we are very near contracts completion………and Aidan Bishop has indicated his confidence that the deal is “not long now”.
Given this level of support for the deal we have to assume that it is about to happen…..