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Imagine how surprised you'll be when it goes above .25 with news. :)
Welcome to the "BONZ" family. :)
I think your timing is superb.
It's my opinion that the new C.E.O. has secured financing and the new investors are being allowed to purchase shares in the open market before the news is announced. Depending on the type of financing and the subsequent expected start of actual gold production I would think an initial run to the .15-.20 range is quite possible. Obviously there are other factors that could take it much higher such as very positive results from the Canadian lab or a major mining company as a partner.
Good luck to all the "BONZ" faithful.
Great news is only days away.
My opinion is that this will be in the .12-.15 range by next Friday. I think that anyone that is selling in the current price range will regret it. Obviously no one knows for certain what news is on the way and how it will impact the share price.
"The trend is your friend."
Good luck to all the "BONZ" faithful.
It wouldn't surprise me if this closes above .06 today.
Great news is on the way.
Good luck to all the "BONZ" faithful.
Christmas may come early this year. :)
One of the best ways to leverage an investment in gold is by owning shares in junior mining start-up companies such as Bonanza Goldfields before the market discovers the upside that the company has to offer. Gold can turn pennies into dollars. :)
Good luck to all the "BONZ" faithful.
Exciting times ahead.
Gold Could Peak At $5,000/Ounce Says Bank of America.
http://www.cnbc.com/id/49119240/Gold_Prices_Could_Peak_at_5_000_Bank_of_America
It's my opinion that when the U.S. raises the debt ceiling to $20 trillion or higher by the end of the year that gold will be trading in the $2,300 range and headed higher.
30,000,000 share day? Price in the .15-.18 range? Coming soon? Next Monday or Tuesday?
Over 5,000,000 shares traded yesterday as accumulation continues.
I'm expecting news on Monday or Tuesday that will disclose why this has been under strong accumulation. My best "guess" is that a combination of positive items are responsible as follows:
1. Positive results from the Canadian lab.
2. The new C.E.O. has secured the means to get gold production started either through raising financing from new investors or a joint venture with an established mining company.
3. Production equipment has been ordered and a "date certain" has been established to start gold production at Tarantula.
These are interesting times to be a "BONZ" shareholder.
Good luck to all the "BONZ" faithful.
Something is in the works. :)
It is often said "the trend is your friend". Considering the substained move higher on reasonably heavy volume that is occurring here I'm somewhat surprised that anyone is selling.
My experience has been that in these situations where a stock is under accumulation with no news that the buyers generally have better information than the sellers.
I suspect we'll all have better information very soon.
Good luck to all the "BONZ" faithful.
I think the new C.E.O. has secured financing and the new investors are being allowed to purchase shares in the open market before the news is announced. Depending on the type of financing and the subsequent expected start of actual gold production I would think an initial run to the .15-.20 range is quite possible. Obviously there are other factors that could take it much higher.
Good luck to all the "BONZ" faithful.
Great news is only days away.
p.s. It's starting to feel like the days before Christmas when I was a little kid and I was anticipating what presents Santa would bring me. I had some great Christmas mornings. :)
35% of today's shares were sold "short"?
http://regsho.finra.org/FORFshvol20120927.txt
The "piper" will have to be paid sooner or later.
Good luck to all the "BONZ" faithful.
To quote Paul Harvey, "It's time for news."
Many times you have to pay a much higher price for the cup of Kool-Aid by waiting. Often it's enough to observe what is happening around you to make the decision to purchase that first cup of Kool-Aid.
Very big difference. The new C.E.O.'s contacts will pay very big dividends.
I think they already have and that is why someone is buying up all the cheap shares before the news is released.
.12-.15 next week.
Good luck to all the "BONZ" faithful.
30,000,000 share day. Price in the .15-.18 range. Coming soon?
Good luck to all the "BONZ" faithful.
Something is in the works. :)
I think the run-up is based on financing having been secured and processing equipment orders. The delay in announcing the news is giving the new investors the opportunity to accumulate shares in the open market. I'd estimate they've purchased at least 12,000,000 shares in recent weeks.
This is my "speculative" opinion. If I am correct the news should move the share price to the .12-.15 range initially.
Time will reveal all.
Good luck to all the "BONZ" faithful.
It's my experience that in these situations the buyers generally have better information than the sellers.
Expecting great news at any time.
Good luck to all the "BONZ" faithful.
LOL!!! The "BONZ" Express is getting ready to leave the station.
Good luck to all the "BONZ" faithful.
I have a lot of confidence in the new C.E.O. and his ability to have put together a workable business plan that attracted quality investors and will generate substantial shareholder value.
It's my "gut feeling" that financing is in place and that the new investors are accumulating cheap shares before the news is released.
I wish I were privy to "inside information". I'd probably own a lot more shares. :)
Good luck to all the "BONZ" faithful.
.15 is looking like a strong possibility.
.12-.15 range within the next two weeks would meet my expectations. Penny stocks can gather momentum very quickly with the right combination of news.
I think anyone selling here will regret it when the next press release is issued.
Good luck to all the "BONZ" faithful.
Our time is coming.
IMHO
The accumulation continues. It is my contention that new investors are buying cheap shares before the financing news is released which will move the share price substantially higher.
Obviously having secured financing the next press release could touch on any number of connected topics. It's interesting to speculate what it will disclose. Positive results from the Canadian lab? Gold forward financing secured? Production equipment ordered and "date certain" for the start of actual gold production? Joint venture with a major mining company?
I think we'll be very surprised to find out what kind of "package" the new C.E.O. has put together to move the company forward and generate substantial shareholder value.
Is .25 out of the question for a penny stock such as Bonanza Goldfields? Having watched literally 1,000's of penny stocks over the years I can say that it is quite possible and in fact quite likely especially as the company starts showing up in some of the penny stock newsletters.
"Patience is a virtue."
Good luck to all the "BONZ" faithful.
Great news could happen at any time.
Considering the myriad of contacts that the new President developed during the time that he was a director at the U.S. Mint there are any number of possible scenarios that could happen in regards to the company obtaining financing and starting gold production.
It's still my firm belief that there are investors in place and they are the ones that are accumulating cheap shares before the news is released.
To me it's similar to reading a good novel when you can't wait to see what happens in the next chapter.
I think we'll know soon enough. :)
Good luck to all the "BONZ" faithful. I think our time is coming very soon.
p.s. Anyone who is on the sidelines waiting to buy a few shares is going to miss out on a significant move higher. IMHO.
I wish I knew what the buyers know.
Hopefully we'll all know soon. :)
Good luck to all the "BONZ" faithful.
News before the open tomorrow could gap this up to the .10 range.
Something is in the works.
Good luck to all the "BONZ" faithful.
Optimism rules over pessimism.
Whoever is accumulating here knows what they're doing. They're moving the share price higher and then dropping back to pick up the "trailing stop" shares at a lower price.
This is a major player.
Good luck to all the "BONZ" faithful.
Great news can happen at any time.
Someone is sweeping up cheap shares here. Be smart enough to hold until the news is out and then decide what to do with your shares.
Good luck to all the "BONZ" faithful.
Be prepared to be surprised. .05 or higher close today or at the open tomorrow.
Good luck to the "BONZ" faithful.
Great news can happen at any time. :)
Would you be shocked if it closed above .05 today with no news?
Some times companies delay releasing financing news to allow the new investors the opportunity to buy shares in the open market knowing that the shares will be worth substantially more after the news is released.
How soon after new financing is secured does the company have before they have to release the information to the shareholders/market?
I hate to think that individuals are selling shares for .035 today that could be worth .15 or more on Friday.
Good luck to all the "BONZ" faithful.
Accumulation continues. The way this is moving higher the share price could hit .06-.08 before news is released.
"Patience is a virtue."
Good luck to all the "BONZ" faithful.
Something is up. :)
I'm looking forward to the next press release. It's interesting to speculate what it will disclose. Positive results from the Canadian lab? Gold forward financing secured? Production equipment ordered and "date certain" for the start of actual gold production? Joint venture with a major mining company?
The recent rise in the share price on reasonable volume indicates to me that news is on the way.
The fun part is to speculate on what will happen to the share price if any or all of the "speculative" events that I've listed actually happen.
Is .25 out of the question for a penny stock such as Bonanza Goldfields? Having watched literally 1,000's of penny stocks over the years I can say that it is quite possible and in fact quite likely.
We all know the risks that are involved with start-up companies and I also believe we are all aware of the potential rewards that can occur.
"Patience is a virtue."
Good luck to all the "BONZ" faithful.
Great news could happen at any time.
Interesting days ahead. :)
Good luck to all the "BONZ" faithful.
p.s. "Patience is a virtue."
Or outrageous dates. Expect news in February.
Just saying.
I think it depends on the terms of the financing, the price movement of gold going forward (I'm expecting $2,200 before the end of the year), and the revenues derived from gold production. There are any number of other factors that could significantly impact the share price in a positive manner. Who's to say that "BONZ" doesn't become a takeover play at some point.
To me the current share price represents the opportunity for substantial appreciation.
As to the time frame, it could happen next week with the right chain of events. Those of us who have traded penny stocks for years know that they can move substantially higher at any time with no obvious reason for them doing so.
It just seems to me that a number of events could occur that would create the "perfect storm" for "BONZ" to move to the .25 range or substantially higher.
Good luck to all the "BONZ" faithful.
I'll begin to get excited when it moves above .25.
Good luck to all the "BONZ" faithful.
It's apparent that someone is scooping up all the fruit on the ground and the low hanging fruit on the tree; i.e. shares priced below .035.
Good luck to all the "BONZ" faithful.
It's quite possible that, considering the recent accumulation, after today this may never go below 3 cents again. Something is up.
Good luck to all the "BONZ" faithful.
Accumulation continues. Someone is clearing out the cheap shares. Personally I think anyone selling here will regret it very soon.
Good luck to all the "BONZ" faithful.
This is overdue for good news and undervalued relative to what impact the "right" news could have on the share price. As I posted before it's my opinion that this should be trading in the .07 range currently with upside to the .25 range with the "right" news regarding financing being secured and with the start of gold production.
Good luck to all the "BONZ" faithful.
Another session of strong accumulation. Most of today's buys were at the ask. Interesting weeks ahead. I'm looking forward to the next press release. It could relate to any number of topics.
Good luck to all the "BONZ" faithful.
I guess that the same thing happening to Bonanza Goldfields is impossible. Obviously it could never happen. That type of appreciation for a stock can only happen once and that was it. Vermillion did go from a penny to $35.00. Here again I guess that was apples and oranges also.