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Bonanza Goldfield Corporation Message Board

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  • wcoastguy2008 wcoastguy2008 Apr 21, 2012 2:11 PM Flag

    "Financing Goal Line - Company Is In the Red Zone"

    Someone had posted these price points related to certain events happening. I think they are quite realistic and may even be on the low side:


    5 cent before the financing news.

    8-10 after the financing news.

    10-12 cents when the equipment is ordered.

    12-15 cents on the day that gold production begins.

    20-25 cents when the first report of extracted gold is released.

    If the company is featured in any number of "Hot Stock" newsletters these number become irrelevant and then I'd think in terms 0f .40-.50 share.

 
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