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I contacted BONZ to address this concern. I agree with you and hope more do the same.
Why do you believe the finance news was a bump in the road? Simple question.
Thanks for posting
Have we ever seen this kind of volume so early? As Denny pointed out earlier this week the close should be interesting, particuarlly today with perhaps news next week.
Yeah, it does raise eyebrows, but I am not going all xfiles on it. I didn't sign up to be on any mailing list for BONZ. I have sent emails to S. Ragan last year and this year. Ragan responded to several of my emails last year and then I received an email from Mike S. yesterday after sending an email to Ragan this past Tuesday. Is it related.. I don't know. Was I previously added to a list, I don't know... but I do know I did not sign up to be on any email list.
Regardless, I agree with you, Bonz's pps, volume, and even chatter on the boards has seen a tremendous uptick the past couple of weeks. I certainly hope it means something. If only BONZ can give us a good news story to carry the momentum and we can debate financing details going forward as opposed to the authenticity of an email and email list.
I agree. This is worrisome. I plan to follow-up with BONZ on this issue. I assume the email was valid but have some doubt now. Anyone else have anything to add who received the email from Mike S today?
I was puzzled by the some of the things in the email I received as well, but that was the text of the email I received in my yahoo at 1:53pm today. If you replied all there are about 50 names to whom this email was sent to. I was somewhat surprised by that too on many levels... particularly that you could see other email addresses. I did not call Mike S or anyone else at BONZ to inquire if they sent me an email but I did respond back to the email I received with further questions. I have not received a response so far. I assume the email was valid as I have sent prior emails to the company with that particular email address and they have responded accordingly. Does anyone else who received the email have anything further to add regarding the validity of the email.
Received the following correspondence from BONZ:
All,
Steve Ragan is buried with many corporate functions and has requested I give him a hand in communicating with our shareholder base, I can tell you the company is doing great. I want to reach out because I am sure there are questions with our stock going up with no news. I would like to express that those of you who had patience you will be rewarded. For those
of you who are out I am sorry for that. We are hitting our mile-stones, we have some great things happening short term. The shares are telling you things are going our way. If you have questions e-mail back and I will return answers the best I can.
Thanks,
Mike
MICHAEL STALLINGS
V.P. CORPORATE FIANCE
Denny - that is simply not true. Many have been here a long time. While I can't speak for all, I assume most have attempted to contact the company in one way or another. I know I have. Pictures were posted, folks copied correspondence they received from the company (Steve R) and it all sounds the same. Check last years postings. Maybe this time is different, maybe your guy hearing 2 to three weeks will be different than what Steve was saying a year ago. I, like you and I am sure most are long on BONZ and want to see BONZ succeed but quite frankly BONZ has offered very little information to Shareholders. So if I want to bitch and moan about mgt as you noted in a prior posting than I will.. don't I have that right.
I guess I don't understand them the way you do.
why then would the company not put something out and capitalize on the momentum. If they were open and frank with your guy what about everyone else. Gold is up, BonZ PPS is up slightly, volume is there, but the Company offers nothing. No news, No PR nothing. Are we in for a jack in the box surprise or just same old BONZ.
What do we have here? Has any news come out? Nice to see but am very leary here without anything to really back it up.
There you go. You are on fire this week.
If only BONZ could feed the beast with some news.
I wish that were the case but i just don't see it. IMO, the price and volume would be more than what it has been if March production or any production were true, though I do enjoy seeing the increased volume activity lately. As Mike or someone said, I too am not confident there will be production this year. I have no data to support that other than the company has offered nothing to lead me to believe that they will be producing now or in the near future and for that matter at all. Here we are already almost two months done in 2012 and nothing. With allegedly gold in the ground and the price of gold moving up bonz is doing nothing noteworthy to capitalize on these events IMO...just like last year. I hope the volume continues and news of some kind is offered soon and not just board membership nonsense...unless of course you are adding Buffet or Gates to the board. Good Luck to all.
Probably most on this board have been here a year or close too it and in all likelihood will be here another year. The same banter spoken today, yesterday and so on was done a year ago. There were pics posted and everything... you know getting ready for production, we are going to start to move up, securing financing etc... The fact is BONZ hasn't done crap IMO and it is unclear if they truly ever will. . I was very optimistic last year that BONZ could make a move, particularly with the convergence of events... price of gold rising, economic uncertainty, news reporting gold as a great safe haven etc... Now here it is another year and there (IMO) is more uncertainty with this company than there was before. Has anyone heard anything form the company?? Last year I received responses to emails I sent, this year I don't IF you got the goods you don't sit on the bottom. BONZ allegedly has gold in the ground BONZ claims to have assembled a world class team. What if anything have we seen from this world class team. This company IMO does have potential but potential doesn't get the job done. I would like to see this self described world class team BONZ has assembled get moving and get it done.
and tomorrow without news BONZ will be below the cent mark. That is the way BONZ rolls. Wash, rinse, repeat over and over. I knew it was a lottery ticket going in but when you have gold in the ground (allegedly) than you hope the company would make it happen. And when they claim to have assembled a world class team... Yeah they are world class alright
Yeah, some attention would help. Something, anything at this point. They advertise to have a world class team which makes you wonder a word class team of what. If this team can't capitalize on gold and the current economic mood to move this a cent than I just don't know. Perhaps BONZ just doesn't have anything. I have been long on BONZ, but may have to toss the BS flag here soon.
I did receive ballot in the mail for my preferred shares, but not for my common. A rep from Sharebuilder emailed me the ballot for common.
Nope, sad isn't it. Not sensational enough. Now if you had folks jumping from buildings or stories on tv of how WAMU shareholders had their life savings gone and now are homeless, etc... then you would see some play and pressure on the powers that be. But there was none of that. In addition to a good lawyer shareholders needed a good PR firm that highlighted the tragedy of this theft as it relates to humanity. IMO.
It would be nice to match the volume of yesterday but I don't see that happening today. If BONZ did trade like yesterday it would not surprise me if they touched .02+. Anyone willing to start it off with a 5 million share purchase? Bonz needs to release real news soon though not board member stuff. Timing always seems to be an issue with BONZ, to me they never capitalize on the moment. I sent several emails to Ragan but have not received a response, has anyone else received any correspondence from the company? Let's hope for another green day
I am with sharebuilder, how do you know if your shares are locked or not? In my transaction history I see that my reorg instructions have been received but there is no indication that my shares are locked and it appears I am free to trade them if I so choose. Thanks
Yes, I received ballot for preferred shares from Sharebuilder this past Saturday.
Thanks for the follow up, I received aballot from Sharebuilder for common shares but have not received or heard back from them regarding ballots for preferred shares. Does anyone have information. Thanks
Yep, thanks for posting
I received voting materials from Sharebuilder electronically today, however it appears to be only for common shares. What about preferred is there a separate ballot? Can anyone shed some light who may have had this issue. TIA
No, I have not received any voting information from them.
I did receive an email from Sharebuilder this past Monday which was in response to an email I sent them. The email stated that Sharebuilder is aware of issue and looking into it. That I should have voting materials before the deadline. I am not confident that I will as the due date is fast approaching and nothing has been sent or even a message sent to WAMU shareholders with Sharebuilder.
Received the following response from SHAREBUILDER:
We're actually in the process of researching how we'd be able to help you place your vote. This is not a normal proxy vote but rather part of the bankruptcy proceedings so we're having to tweak our normal procedure to help you submit your vote. Once we've figured out all of the details I'll be sure to send you a follow up email explaining what's going on and how you'd be able to submit your vote. We're hoping to get all the details together within the next week or so, this should give you plenty of time to submit your vote before the February 9th deadline.
I hope so too. After years of hoping for settlement that includes equity this is what we get? I and probably certainly most of the board did not anticipate/expect this scenario where the price drops like a rock after news of settlement. Though I wasn't expecting top dollar, I didn't expect to be close to a nickel either. Anyway, I hope there is more to come and at the very least some clarity regarding the current settlement offer if indeed this is it.
If she hasn't sung, she is warming up. After waiting three years to hear settlement and this is what we get. Very disappointing. There were high expectations this morning that soon faded. Why? At this point, I think we need Tebow.
I agree. Not exactly what I expected. I was better off yesterday without settlement news.
Great post Mont. Spot on with your comments
You are correct, and why haven't they delivered. BONZ has said nothing or offered nothing. Personally, I have called and sent emails. The emails get a response with the same overall message - "working on financing". To tell the truth I was surprised to receive a response at all. Others posters seem to receive the same message on emails they have sent too. Hopefully BONZ will release something soon.. volume will dictate that IMO.
too funny
I was not asking for you or anyone to believe me. As if I should believe you. Do you NOT think BONZ should be taking advantage of current events. DO you honestly believe gold will continue to rise and the economy will continue to spiral downward? IMO, BONZ should take advantage here today, nothing is guaranteed tomorrow. Value news, particularly Production news is what is needed. Why is the company silent. Can you offer a concrete reason why since you believe I am dreaming or trash talking. . I don't find anyone here trash talking or scaring anyone just simply offering their thoughts and opinions on matters with fellow shareholders. I am long on BONZ and will be for the foreseeable future and I hope Mike is wrong but right now I can't say he is going to be 100% wrong, can you? Nor can I ignore the reality of the situation as it exist today with BONZ. If Mike is right I will probably scoop a load of share at that price I and if he is wrong I am just as happy. So yes, I will dream on, cause either way, I am dreaming and it is all good.
GO BONZ
It very may go down to Mike's price. BONZ is offering nothing as far as news and if there is a correction...BONZ will sink. Again, BONZ needs to take advantage of gold's rise as well as the economic uncertainty and get moving here. Take advantage of the situation. Again, why haven't they? Perhaps they can't as there is nothing to report. I would like to think that is not the case but I have a feeling another week will go by with no news, volume pretty much telegraphs that.
I feel like a floater in a bowl looking to be flushed.
Seize the moment BONZ before there is no moment to seize.
Yep, At first I thought it was cheering coming from shareholders that BONZ released news, but quickly realized that was not the case. Shaking and baking here in VA
Did he go out there and does he own 20 million shares?? Perhaps I missed the post with proof. I think we all have been around long enough that if you are going to make claims you better back it up with proof. I don't think me or anyone is/was disrespecting denny. I hope he is right with his .40 by Nov/DC. But the fact is gold is rising and BONZ is trying to stay afloat of a penny.. one cent. Why is that? There has been zero news, Didn't Tehan attend a conference in early August. Where's a bit on that. Production news, are they even in production. Some posts say they are, some posts say they are not, some posts say production is imminent, some say not. IMO, bonz should be capitalizing on this moment, rising gold prices and economic uncertainty. BONZ should be looking at 2 cents as opposed to fighting to stay above 1 cent. Again, Why is that? IMO, As shareholders we should be pressing for answers, not tucking this one away, as it may never wake up. As I have mentioned in my prior posts, I am long on BONZ, and intend to be for the foreseeable future, but for me, I can not ignore the reality that BONZ continues to slide down while gold continues to push higher. News, particularly production or even financing news would get us moving in the right direction. Seize the moment BONZ, before it is too late and we are all discussing what could have been.
Spot on Mont...though denny's post put me in dreamland for a moment until your post.
I did hear back on an email I sent to S. Ragan, bottom line they are working on financing. He didn't really address items in my email but I did get a response.
Come on BONZ, give the shareholders some news to chew on.
It really is too bad. Instead of capitalizing on the price of gold and the economic uncertainty, Bonz chooses to remain silent. I'm guessing there is no production, in fact, probably not much else going on except for a decent web page. Didn't Tehan "the father of gold" attend a confereence in early August. Where is a newsbit from that. Get out there BONZ, get off the sidelines. IMO, we should have two cents in our sights, instead we are looking to go below a penny. Mike is right, probably won't be long before we are below a penny. This one is really starting to get some stink on it. I'm long on BONZ but really starting to question how much longer.