Its obvious you haven't a clue about how things work. A presentation that is not given to all shareholders cannot be changed w/o a formal announcement. the fact they released new guidance on Monday negates anything stated prior to that . As usual boast the fired ex employee is way off target.
So sept11 presentation says BF would produce 75koz,110k oz,120k oz for 2014,15,16 while sept15 presentation says 70k,90k,100k for the same 3 years and it all gets spun as "minor reduction". devious dawe couldn't have done better. gl
I've been holding and accumulating since the merger w BRD. I believe the PM market will rebound big over the next 12 months so we holding the good value miners will do Well!
Do you know this stock well?
I just read their report and they say AISc of ~~$14250/oz!
Their overall costs are 20% above current gold price!
I do not hold this stock but would appreciate a bit of insight.
Tran Date Shares Own Price Value Profit
BUY 2014-08-14 1000 1200 7.06 8472 1542.14
BUY 2014-08-21 1200 2400 6.45 15480 801.20
BUY 2014-09-08 1300 3700 5.95 22015 -407.77
Profit/Loss at current price (5.9041): -577.60
It's tough to be buying while taking losses on previous buys. But the best buys occur when there's fear is in the air, and blood in the streets. No pain no gain.
This looks like a good buy for short, medium, or long term. Will buy more on any significant drop from here.
Further, BF/GF?147 have given off more reserves than ever anticipated by previous owners. Dawe simply did not have the financial resources to go further but remains a significant shareholder in P which should tell the liar bosar something. Dawe did not bail out and sell his shares post merger. To suggest that Dawe lied about the resource is in my opinion libellous. Then again bosar has no ethics; revenge is his game.
Bosar the lying ex employee is quoting moral equivalence!! That's rich. Bosar the liar forgets that we are investors to make money and I have, along with the other poster above, made a lot of money and still have significant shareholdings.
There's obviously no "moral equivalence" comparing my citation-laden posts to wonder winky/parnel/tp quinn's lying drivel.
Your perspective must be clouded by your current long position mpj. gl
Well, as a long time trader of BRD, and more recently PPP, I've seen the above feuding going on endlessly. I don't really care who is right here, but here's my observations:
I find some (minus the name calling) of your banter useful. There is some truth to what each says, though it is mostly just opinions.
Even so, I find these stocks have been a very good trading vehicle (not as sure how some have done with a buy/hold strategy). I'm a very happy trader in both BRD (which over the years made me 20k on rather small trades), and so far PPP (only since BRD was bought).
I am always interested in comments of substance, educated opinions, positions, current or past trades, etc.
I assume you all have positions, else why hang out here.
Wishing all prosperous trading.
Cost management continues to be a key focus for the Company. The Company expects capital spending for mine development and other sustaining capital to total $38.5 million in 2013, down from the original estimate of $41.5 million in Q1 2013. The Company has also reviewed its long-term capital requirements and is forecasting total capital spending on mine development and sustaining capital of $20 - $25 million in 2014
Clear suggestion that BF UG had been developed to the point that future sustaining capital costs would be greatly reduced and conway naively bought in.
copied from brd q3 2013 MD7a. GL
I have been categorically wrong? Funny thing that I have more than doubled my investment in the different Companies that have owned BF because I watch and pay attention to the market and not a liar like bosar. My attacks are not baseless or ad hominem. If you consider the fact that bosar has called various CEO's liars and other things maybe the ad hominem tag belongs there. Production has grown, deep drilling has proven more gold and other new resources have been uncovered in GF and 147. Bosar the lying ex employee picks on a narrow field to sow his discontent and stay just outside the libel he comes close to committing. And you jerry hale are as dumb as bosar. I have been a recent buyer of P at under $7.15. Watch that price grow over a short period of time and you will see how money is made. then maybe you will stop listening to liars like bosar.
Total cash costs per ounce and all-in sustaining costs per ounce for the 2014 outlook and for Q1 & Q2 2014 are impacted by lower than expected gold production as a result of the lack of investment in mine development and exploration at the Black Fox mine in 2013.
MD&A for q2 where conway admits to BF disappointment and reduced 2014 outlook from original 250-270k down to 225-245k.
Whether posting as parnel/wonder winkie/terry p quinn [all the same habitual liar], he's always wrong but never in doubt.
Good to hear from you again ijerryhale. gl
a question for the experts at Zacks, "just why would one sell now just as the very beaten down
Au price may soar" (peripherally helping PPP)... certainly a much better upside than down to do so.
I do believe the "powers" will again try to take the metals down short term...UNLESS THIS VERY UNSTABLE
WORLD INTERFERES. either way it won't last long...and the already beaten down miners may not
be as affected as many think. JUST AN OPINION.
The fact STILL remains that, all of the stupid baseless ad hominem attacks by you notwithstanding, bosar53 has been RIGHT for years while you have been categorically WRONG for the same amount of time.