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Thursday, 09/27/2012 8:08:21 AM

Thursday, September 27, 2012 8:08:21 AM

Post# of 30708
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.