Member Info for silverknight

With an mc this low why bother to do a deal. I would wait until I could make a lowball offer and buy the company on the cheap.

If they can produce such impressive results under the old regime there is no reason to think it wont continue. Expect good numbers for half year to end of Feb.

Where has the volume gone? Small goldies are defying a sharply rising gold price. There must be a realignment soon.

quindell is correct in what he says about the misrepresented buy/sells. There seems to be a bit of a two way battle here so it will be very interesting to see which way the next move in price will be . Over .55 or under .45??

Unless you made a big investment at 38p you could slash your average by buying at these levels. However I do tend to agree with you. I have been trading shares for nearly 50 years -worked in a bank, stockbrokers and been a tax inspector so I know my way around. Even so I still make howlers. People believe what they want to believe on these boards. Usually a wasted share price is a forewarning because there are always people who get information in advance and act on it. As quindell says the next two months should reveal a lot.

to overreact to short term figures. Aisc and gold price are constantly in a state of flux. Anyone who's bullish about gold should buy a few of these as it's very geared to a rising price.

I've just bought in. Seems incredibly cheap at half NAV and forward p/e of around 2. If gold price holds this should rise 2 or 3 times.

I think you averaged down more strongly than me and I'm wary of it now. Might cost me big bucks but these concessions are intangible assets and will need serious funding (particularly Mankayan) to bring into production. Not sure how fast and productive Choco will turn out to be. Sp certainly has some momentum so it will be interesting to see how long it lasts.

I'm feeling a bit more optimistic now. What comes first? Does it move on to .8 to 1p when serious profit taking or another cash call takes place or is there some corporate action in the first half of 2018? Interesting times.

buy at this price but they need to tighten the spread.

there's really not much choice having come this far. Still we will need more funding to progress production.

Was 25p and a lot higher than that but that was 5 or 6 years ago. Massive dilution to raise ever smaller amounts of cash since then. Basically they are trying to make the last tranche last until someone comes up with a concrete offer or proposal. Sp reflects the tenuous situation the company is in. If you fancy a genuine gamble go for it. I think gold and platinum are undervalued and have bought 3 producing small miners that offer better chances than this one.

Yes that had crossed my mind. I suppose any half decent offer would be a gamechanger given the current market cap. Still a big gamble as it stands right now.

I were a director and was confident of a positive outcome I would buy a million for �4000. There might be some serious buying to push up the sp if this happened.

I'm just playing Devil's Advocate here but interested parties might be very wary of trusting any Philippines government and officials given their track record. Every shareholder is sitting on a loss here but those of us who got in 5 or 6 years ago are truly wiped out. Who's brave enough to put more in at today's price.? Not me. There are a few producing miners that offer much better value and greater security.

At least you put down some constructive comments. Some people just point to trades which are obvious to all of us. Don't know whats happened to Randy. He's gone quiet but I think he's got a huge holding in this one. Discussions about Mankayan have been going on for years. If there was going to be an offer/jv it would have happened. Goldfields didn't like the look of it and walked away.

there seems to be a relentless optimism here because people don't want to accept the fact that their investment has evaporated. This is mirrored in the performance of sister company Richland which is also flat on its back. Looking at the accounts it doesn't seem to me that their fees are paid entirely in shares. You can't spend Bezant shares in the shops!!

With last funding being eaten into. Even with the project on hold there are costs being incurred (listing fee, directors fees, maintenance) We will still need more funding before end of this year. Any mining company of financial strength (relatively) would either make a lowball offer for BZT or wait till it goes belly up to acquire the licences. Keep watching....

this will be dead in the water by this time next year. I've got no axe to grind. I've mentally written my holding off. If anyone seriously thinks this will test 2p again they would be crazy not to buy millions at todays price. Once that half million is used up will they come back for the same? 200million shares at .25p?

Not sure what you expect to hear. 3 facts relating to this company. 1 They have had plenty of time to find a buyer/jv partner for Mankayan and Eureka but none has materialised. 2. Raising a small amount (in mining terms) of cash at a heavily discounted price smacks of desperation and would no doubt thrill earlier subscribers (at higher levels) to bits. 3. This will probably leave an overhang of stock and a credibility gap which will cap any meaningful rise in the sp. I think that the directors are well intentioned but circumstances have worked against them. This is a money you can afford to lose share like all micro cap miners. Iknow. I'm in here!!