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Does anyone know if management is still considering having a live video feed on the website showing the production site around the clock?
Anyone in contact with the "BONZ" team might want to suggest that it happens.
I'm expecting the share price to hit .06 or higher when the start of gold production is announced and a video is posted on the website.
.12-.15 when the first gold revenues are reported before Christmas.
Good luck to all the "BONZ" faithful both old and new.
.12-.15 within 70 days is my target. .25 within six months is my secondary target.
Gold production begins in a few days. I think the company should post a video on the website and on the Facebook page.
Good luck to all the "BONZ" faithful both old and new.
I think you'll be very surprised how high the share price goes before the end of the year.
It may not hold the high at that time but it will surprise you and a number of other "naysayers" on the board.
Not only possible buy very probable.
p.s. You said you don't think it will ever hit .07. I assume you'll be astounded if it hits .15 before the end of the year.
.065 when the start of gold production is announced appears to be where this is headed.
.12-.15 within 73 days is my target. .25 within six months is my secondary target.
Good luck to all the "BONZ" faithful both old and new.
I'm hearing from various sources that gold production has started at Tarantula. I don't know on what scale but supposebly it has begun.
If this is true then I expect a press release at any time.
If you are thinking of selling a few shares may want to wait a day or two.
Anyone who doesn't think this can go to .12-.15 in a few weeks hasn't followed penny stocks for very long.
Just saying.
p.s. Previous rumors from the same sources have "panned out." :)
That's what makes a market.
I agree. Should be at .045 or higher tomorrow. Possibly .06 by Friday with the right news. :)
Assuming they do a better job with the next press release getting it out to the right sites.
With gold production starting at Tarantula I can't imagine why anyone would be selling here.
.12-.15 within 72 days is my target.
.25 within six months is my secondary target.
Expecting the press release stating that gold production has started at any time. :)
Good luck to all the "BONZ" faithful both old and new.
This is relevant because?
Expecting a press release announcing the start of gold production by Thursday.
I think the company will do a better job of getting the news out this time considering the poor job they did on the equipment press release.
.12-.15 within 73 days is my target.
Secondary target of .25 within six months.
Sell shares today and regret it in a day or two.
The plan is coming together.
Good luck to all the "BONZ" faithful both old and new.
They huffed and they puffed but they couldn't get the share price under .032. It must be frustrating for some individuals trying to influence others to sell and not having any success.
My target is .12-.15 in 73 days.
.25 in six months is my secondary target.
Gold production may already have started. :)
Good luck to all the "BONZ" faithful both old and new.
p.s. I noticed there's a buy order on Level 2 for 1,000,000 shares at .025.
.12-.15 within 73 days is my target. Gold production may have already started.
Add a few shares on the dips.
This should be trading above the conversion price soon.
Good luck to all the "BONZ" faithful both old and new.
.12-.15 within 75 days is my target.
Gold production should start within a few days at the Tarantula site.
Exciting weeks ahead. Looking forward to the first gold revenue report.
Good luck to all the "BONZ" faithful both old and new.
It is interesting that NAK's market cap is $350,000,000 for a company that has no revenue.
Interesting what can happen to a company's valuation based on potential assets that are in the ground on claims that the company controls.
Once gold production starts at Tarantula and the company is generating funds which can be used for drilling more test sites on the property to get a better picture of what gold reserves exist there.
.12-.15 in 75 days is still my target.
Good luck to all the "BONZ" faithful both old and new.
p.s. It's so easy to say that certain things will never happen until they do. :)
It's one thing to be director of special projects at the U.S. Mint where you have subordinates who have substantial resources and abilities to market new products versus being the C.E.O. of a start-up junior gold mining company where Wendy is the head of I.R.
Definitely the company's main shortcoming.
Hopefully the share price closes at .04 or higher today. Fridays typically are unknowns for penny stocks.
Good points. Penny stocks are all about promotion and potential.
It seems to me the company is lacking in knowing how to promote the realistic potential that the company possesses.
Steve Ragan should be handling promotions and press releases and not some kid named Wendy.
You can have the brightest light but if you hide it under a basket where no one can see it then it is useless.
Based on my experience with penny stocks over the last 30 years I'm very surprised that this isn't at .10 or higher currently.
I've seen many penny stocks with much less legitimate potential than Bonanza Goldfields be valued many times this company's current market cap at a similar stage in the company's development.
Time will reveal all or at least a good portion of it.
"Slow and steady wins the race."
I think anyone on the sidelines waiting for a much lower entry point will be substantially disappointed.
Personally I think charts are somewhat useless here. The share price is event driven. Events starting with the new C.E.O. being named, financing being secured, equipment being purchased, gold production starting, and first revenues from gold being reported are events which are all unique events with no previous similar events in the company's short history that could be defined on a short term chart pattern.
I'm expecting the share price soon bases in the area of the debt to equity conversion that the investor accepted. That would be in the .065 area.
The next major event after the start of gold production will be the reporting of the actual revenue from gold production which I believe will take the share price to the .12-.15 range in the next 77 days.
Obviously if they uncover a 55 pound gold nugget it moves much higher much sooner.
Good luck to all the "BONZ" faithful both old and new.
Penny stocks can take on a life of their own and run substantially higher with no rational explanation as to why it occurred.
I'm certain that anyone here that has traded penny stocks have seen several stocks that have gone from a few cents to over a dollar for no apparent reason and just as quickly returned to reality.
Not saying it will happen here. Just saying that it wouldn't surprise me.
Good luck to all the "BONZ" faithful both old and new.
The higher the share price goes the more irrelevant negative posts become.
.12-.15 within 77 days is my target.
.0625 by next Friday is realistic.
Good luck to all the "BONZ" faithful both old and new.
.062 within two weeks.
.12-.15 is my target within 76 days.
Good luck to all the "BONZ" faithful both old and new.
Shareholders will find a "gold nugget" in their Christmas stockings. Non-shareholders get a "lump of coal".
Moving the base up to the .0625 level within the next two weeks makes perfect sense. Don't see any reason why it should be lower than the price of the debt conversion.
Equipment should be on-site soon.
Gold production begins momentarily. :)
Don't give away your shares for a penny profit.
.12-.15 within 76 days and trending higher is my target.
Good luck to all the "BONZ" faithful both old and new.
Penny stocks can gain upward momentum at any time and far exceed everyone's expectations.
Any possibility of free samples?
Just asking. :)
Thanks for the update. I look forward to your comments about the site and meeting the company's mining team.
Moving the base up to the .0625 level makes perfect sense. Don't see any reason why it should be lower than the price of the debt conversion.
Gold production begins momentarily. :)
.12-.15 within 77 days and trending higher is my target.
Good luck to all the "BONZ" faithful both old and new.
Call corporate at (720)446-6087 and speak with Anita. She'll probably be able to put you in contact with Mike Stallings who is supposebly on-site at Tarantula and who you could speak with to arrange a visit to the site.
With the production equipment arriving on-site this week the company's C.E.O. may also be there at this time.
Let me know if they're open to you visiting the site so that I can plan on doing so in November.
Is anyone planning on visiting the Tarantula site in the next two weeks?
If so it would be appreciated if you'd take some pictures and link them to on Bonanza Goldfields' Facebook page. A video of gold production would be really great.
.12-.15 is my target within 77 days.
Good luck to all the "BONZ" faithful both old and new.
p.s. I'll be in Phoenix the week before Thanksgiving and will try to get to the site. It's my understanding that it takes about an hour and twenty minutes to get there from Phoenix.
In a few weeks the support level will be the "overall" conversion price of the debt and the warrants which is in the .0625 area.
Staying on the sidelines will soon be discovered to have been a major mistake.
.12-.15 within 77 days and trending higher is my target.
Production equipment is on site currently.
Gold production begins soon.
Good luck to all the "BONZ" faithful both old and new.
p.s. I'm expecting a "gold nugget" in my Christmas stocking and not a "lump of coal".
This is due for another positive press release. News regarding equipment on site and gold production starting would meet my expectations.
.12-.15 within 77 days is my target. Trending higher from there.
Good luck to all the "BONZ" faithful both old and new.
p.s. Penny stocks can gap-up and move higher very fast. Anyone who is on the sidelines here thinking they'll buy any quantity of shares below .03 is probably going to end up with a lump of coal in their Christmas stocking.
I think this is at the start of a substantial move higher over the next twelve months. My target is .12-.15 by Christmas.
It's quite possible that under the right circumstances the share price could be several times that range in six months to a year from now.
A lot depends on mining gold profitably and determining what gold reserves exist on the Tarantula site and possibly attracting a major gold producer as a potential suitor.
Good luck to all the "BONZ" faithful both old and new.
Doesn't look as though this is going below .03 again. Expecting news on the start of gold production at any time.
.12-.15 within 78 days is my target.
Good luck to all the "BONZ" faithful both old and new.
.075 by the start of gold production would make perfect sense. That is the exercise price for the warrants that the investor hold.
.12-.15 at the time that the first gold revenues are announced in December is a logical range.
.12-.15 within 78 days is my target.
Add a few shares here. It's getting ready to move substantially higher.
The new C.E.O.'s plan is being executed to perfection.
Good luck to all the "BONZ" faithful both old and new.
Missing buying at the bottom is always a disappointment.
Next press release should relate to the production equipment being on-site and a "date certain" for the start of gold production.
It would be great if the company could produce 250-300 ounces of gold by the end of December.
That would make a great Christmas gift for the shareholders.
Good luck to all the "BONZ" faithful both old and new.
p.s. .12-.15 within 78 days is my target.
.12-.15 within 79 days.
It's possible that without news the share price could go back to .02 again. Penny stocks move on news and tend to pullback without any.
I do think that a lower price is an excellent buying opportunity.
Don't be on the sidelines waiting for a better price when the news is released.
Good luck to all the "BONZ" faithful both old and new.
.12-.15 in 78 days is what I expect. News out this week should confirm that the production equipment is on-site. First gold revenues expected to be announced before Christmas.
The plan is coming together.
Good luck to all the "BONZ" faithful both old and new.
.12-.15 in 80 days.
Equipment on-site this week followed by the start of gold production.
Good luck to all the "BONZ" faithful both old and new.
Add a few shares on the dips. Don't depend on others to support the share price.
Traders were shaking the tree today trying to pick off the low hanging fruit before the start of gold production is announced next week.
Hopefully no one on the board gave away shares today.
.12-.15 in 81 days works for me.
Good luck to all the "BONZ" faithful both old and new.
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