Bluebird Merchant Ventures (BMV) has issued an update after a management trip to South Korea and having also further progressed local partner negotiations in the Philippines.
I start with a few words on Jubilee Metals (JLP) and Bluebird Merchant Ventures (BMV). Then some Trustpilot detective work on AQRU (AQRU) which, I predict, will go bust in 2023. I move on to Xtract Resources (XTR), Shearwater (SWG), Alliance Pharma (APH) and then to the impending demise of Applied Graphene Materials (AGM). Gotcha! I also cover Argo Blockchain (ARB) which I still have down as a 2022 bust, maybe as soon as this week
On Friday we wrote an article HERE on 4 shares we thought could double by Christmas. One of the four is Bluebird Merchant Ventures (BMV) at a 1.8p offer.
After that apology to most of the citizens of a nation that has turned Philistinism into an art form I discuss the Bank of England hiking base rates by 0.75%. Then it is onto ouzo man and Purplebricks (PURP) before I turn to two gold stocks that could now rocket by Christmas, Kefi Gold & Copper (KEFI) and Bluebird Merchant Ventures (BMV). I own shares in both and both have two reasons for a dramatic near term re-rate. Then Trainline (TRN) where the outlook is not so bright.
Writing on Bluebird Merchant Ventures (BMV) last week we noted, with the shares at a 1.4p offer price, that upcoming “advancing/monetising” news from the Batangas project in the Philippines should help the shares as well as progress in South Korea. Now there has been a Batangas licence extension announcement and the shares currently up to a 1.6p offer price – and there should still be much to come.
I refer to this amazing exposé by Snopes HERE into Max Polyakov, Ukraine's Elon Musk. Why does it matter: I recall Cupid and the great establishment cover up. Thjis is crime plain and simple and the board knew about it and covered it up. KPMG covered it up. The Nomad did nothing and so too did the Oxymorons at AIM Regulation. The SNP has been lobbying hard for Polyakov. They are all beneath contempt. Then I ask if share buying at Bluebird Merchant Ventures (BMV) is legit. It is. Then I discuss why a whistleblower may or may not have a story about another AIM company, look at Made.com (MADE), Sosandar (SOS), Tern (TERN) and Bidstack (BIDS): two placings , one a pea shooter, one possibly (but probably not) a bazooka.
I do explain the reference in full and it is not what you think. In the podcast I look at the utterly unconvincing sophistry of Colin Bird as I dissect his Bezant Resources (BZT) statement about the Caerus scandal. His sums just do not add up. And his company is insolvent. I look in detail at Bluebird Merchant Ventures (BMV) following news today and lunch on Saturday. I forgot to mention that I paid for lunch. I don't do freebies. Then Mitchells and Butler (MAB) and why old Malcolm is bonkers and finally Wildcat Petroleum (WCAT) which is an almighty sell after a spoof yesterday. that is where the urinals incident comes in.
Bluebird Merchant Ventures (BMV) has announced it has opened discussions with potential partners to develop its high grade Batangas gold project in the Philippines and that it is in South Korea this week to finalise the plan to fulfil qualifying spend in accordance with 20-year mining licence terms there. These are encouraging from a current 2.15p share price, below £14 million market capitalisation, here.
Bluebird Merchant Ventures (BMV) has announced that work has suggested ore inventory and future production may be larger than previously expected at its Kochang project.
Just a few caveats. Align Research is paid to pump out the research below. Align and its boss, Richard "nobody likes me and I don't care" Jennings own shed loads of shares in Bluebird Merchant Ventures (BMV), and the "analyst" is disgraced, journalist smearing, part time PR man, the vile and repellent Dr Michael Green. Dr Green should not be allowed to work in financial services after his crimes as an enabler of the fraud Sefton Resources (SER). Having said all of that, I too have an interest in these shares and reckon they are cheap. Are they worth 9.58p as the ludicrous Green suggests? Er no. But could they double? Yes. And the note below explains why.
Bluebird Merchant Ventures (BMV) has announced sample results from South Korea, which, it emphasises, confirm that it is on the right path to 'proof of concept' gold production.
I'm sorry, but I have a reputation to protect. This is all to do with an excellent cause, which 94% of you are yet to support. Please do so, HERE. I then discuss Bluebird Merchant Ventures (BMV); Amigo (AMGO); Versarien (VRS); THG (THG); Morses Club (MCL); and Argo Blockchain (SPOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOF).
I am just so tired and, needless to say, the carpenter has not done his work. But snake-repellent canisters have been put out. More on that later. Today, I chat about: EasyJet (EZJ); Fox Marble (FOX); Bluebird Merchant Ventures (BMV); and Vast Resources (VAST).
This is a very long podcast, covering: Optibiotix (OPTI); Skinbiotherapeutics (SBTX); Kefi (KEFI); Bluebird (BMV); Ten Lifestyle (TENG); CakeBox (CBOX); Deepverge (DVRG); Petropavlovsk (POG); Eurasia (EUA); and Amur Minerals (AMC).
I want to be 100% transparent with you so I explain why, as of 8 AM today, Peter is no longer a member of this parish after apologising for yesterday’s poor sound quality for which there was a good reason. I look at two shocking economic statistics and what they mean. I then cover: SkinBiotherapeutics (SBTX), Bluebird Merchant Ventures (BMV), AEX Gold (AEXG), Novacyt (NCYT), Avacta (AVCT) and Cake Box (CBOX).
I am asked this question by a long suffering reader in relation to Skinbiotherapeutics (SBTX) and do my best to answer. I look at IQE (IQE),the curious share dealing of Mr Drew Nelson and whether I’d be tempted. I still see no sign of the IPO of Zak Mir’s crazy media investment company which he said was imminent two weeks ago. Is it Lift off? I comment on Bluebird Merchant Ventures (BMV) and then have a detailed look at Sarah Willingham’s Nightcap (NGHT) in light of today’s expose. It really is a one way bet. Down.
I start with a few thoughts on a visit this morning to the post industrial wastelands of Salford. Gosh it was grim. Then a schoolboy error on Skinbiotherapeutics (SBTX) but it only makes the case for filling your boots stronger. No, I have not got a scooby about why Bluebird (BMV) shares are up but I speculated and put together a few pieces of the jigsaw. I look at W Resources (WRES) but would not touch it with a bargepole and then discuss the wholly unacceptable greed of Andrew “piggy” Austin at Kistos (KIST)
Fingers crossed. If it is what I have been promised it is curtains for one CEO. In the rest of the bearcast I discuss travails with brickies, M&C Saatchi (SAA) and the saintly Vin Murria, Bluebird Merchant Ventures (BMV),Cellular Goods (CBX),Tern (TERN),ADM Energy (ADME), Supply@ME Capital (FRAUD), Tiger Resources (TIR),UK Oil & Gas (UKOG), Argo Blockchain (ARB) and the changing appetite for bailout placings.
I start with Bluebird Merchant Ventures (BMV) and the FCA. Who is being a moronic fucktard today? Then some very serious number crunching on Versarien (VRS) and its looming cash crisis as the death spiral from Lanstead starts to fail. Then on why Bidstack (BIDS) has offered its long suffering sharehoders a great selling opportunity today. And a few words and questions for Lyin’ Stever Sanderson at UK Oil & Gas (UKOG) – placing ahoy!
The FCA has approved the prospectus as you can see HERE. But there is no RNS from Bluebird Merchant Ventures (BMV) . How odd. This is the last hurdle before production and so should drive a major re-rate. FYB.
In today’s podcast, I discuss Christmas cheeses past and present, Bluebird Merchant Ventures (BMV), Guild E-Sports (GILD), Boohoo (BOO), Ince Group (INCE) Supply@ME Capital (SYME) and Eurasia Mining (EUA).
Bluebird Merchant Ventures (BMV) has announced half-year 2021 results, including that the buyout of the project interests of joint venture partner Southern Gold (ASX – SAU) should be completed by the end of the year but that its project work has been restricted.
The Fleet Street Legend is up in arms about what he terms a foul smear on him HERE but, as I explain, the old champagne socialist is trying to pull the wool over our eyes with his mockney dining habits. At least the budget means that the champagne for Brian and his comrades will be cheaper but the Budget really is a shower. I explain why. Then it is onto Bluebird Merchant Ventures (BMV), Red Rock Resources (RRR) where it looks ever bleaker for my pal Andrew Bell and finally why the Redcentric (RCN) valuation is bonkers.
It has been a long year since the correction in Gold and Gold stocks set in. Back in August 2020, the yellow metal peaked at $2063, AIM-listed Ariana Resources (AAU) at 6.4p, fully-listed Centamin (CEY) at 232p, Golden Prospect at 72.5p and my minnow explorer, Standard-Listed Panther Metals (PALM) reached a then peak of 13.75. Now their prices at $1787, 4.7p (plus a dividend of 0.35p on the way), 91.4p (plus two dividends totalling 7 US cents), 48.5p and 12.875p. Ouch!
Bluebird Merchant Ventures (BMV) has made an “Operational Update” including that the legal transfer of the Southern Gold (ASX – SAU) holding in the Kochang and Gubong projects in South Korea was finalised this week and emphasising “a clear plan to bring about gold production commencing at the Kochang gold and silver mine”.
I start with the 3% pay rise for all employees of the envy of the world which once employed the late Harold Shipman. It is quite dreadful. Then I look at Bluebird Merchant Ventures (BMV), Parsley Box (MEAL) and Audioboom (BOOM).
Forgive the late bearcast but the local members of the Guardian-reading classes came round to swim with Joshua. In today’s podcast, I look at Ariana Resources (AAU), Bluebird Merchant Ventures (BMV) and the IPO frenzy with especial reference to Revolution Beauty and Forward Partners (FWD).
After what even the company admits has been a “lengthy” process (just a bit!), Bluebird Merchant Ventures (BMV) is “delighted that at a pre-deal market capitalization of £13 million the company has just doubled the assets of the business for a cost of approximately £7 million”. Is it right to be delighted?
I record this early in the Greek morning as today is a road trip day as Joshua and I head to Vlach land. I cover two stocks I own – Ariana (AAU) where I am less excited about a special dividend than is Nigel. I reckon its strategy is wrong. And Bluebird Merchant Ventures (BMV) where I explain why PL’s suggested proxy purchase of Southern Gold is not as smart as he thinks it is.
The journalist-smearing, Sefton fraud-enabling PR man turned analyst and all-round tosser Dr Michael Green has updated the world with his take on Bluebird Merchant Ventures (BMV) after yesterday’s news. While his initial coverage was patently ludicrous with a target of 34.79p which I rubbished HERE, the latest note is less bonkers with a target of 16.72p. That is about twice my own target for Christmas, as I explained HERE, but here is the note from the disgraced Green.
In today’s bearcast from myself and Joshua who I am having to bribe to be quiet, I look at Bluebird Merchant Ventures (BMV), TrakM8 (TRAK), more smoke and mirrors from the fraud Supply@ME Capital (SYME) and the joys of watching tonight’s football here in Greece with my friend Nicho the Communist and the rest of a village where the Hun are not wildly popular.
I am so angry that I forgot to memtion bitcoin crashing again and the operational and financial gearing at drowning in red flags Argo Blockchain (ARB). So I am angry and the resultant bad language will delight Matthew and his dog. I consider Sosandar (SOS), Hurricane Energy (HUR), Bidstack (BIDS), Kefi (KEFI) and Bluebird Merchant Ventures (BMV).
Yet again Winnileaks has obtained an email sent by a board member at Southern Gold which indicates strongly that a deal with Bluebird Merchant Ventures (BMV) allowing the Standard listed company – where I am a loyal shareholder – to buy the Gubong and Kochang mines has now been agreed. These Aussies are leakier than the leakiest of sieves.
I comment on St George’s Day HERE. In a long podcast, I look at Versarien (VRS), Audioboom (BOOM) – misleading again – Bluebird Merchant Ventures (BMV), Bitcoin and Argo Blockchain (ARB), Bahamas Petroleum (BPC) and the fraud Supply@ME Capital (SYME). And we are now just three hundred quid shy of £14,000 for Rogue Bloggers for Woodlarks, please donate HERE.
Last night, Bluebird Merchant Ventures’ (BMV), pro tem, partner in Korea, Aussies Southern Gold, spilled the beans on how the buyout talks on Kochang and Gubong are going. I suggest that you should buy Bluebird shares first thing and that Bluebird needs to issue an RNS ASAP.
The 98% of you yet to donate to rogue bloggers for Woodlarks will not have seen the offer made by Optibiotix (OPTI) boss Steve O’Hara. You can both see his offer and make a donation as you think of the misery that looms for Andrew Bell on 29 May HERE. In the rest of the podcast I discuss being snitched on by some cottage burning freak, Ridgecrest (RDGC), Bluebird Merchant Ventures (BMV) and Alba Minerals (ALBA).
As you may imagine, I have spent a bit of time today chatting with the Police. In a bearcast with a brief interruption for this reason, I discuss Bluebird Merchant Ventures (BMV), Tern (TERN), Block Commodities (BLCC) which exposes the moral bankruptcy of those who would shut us down – Versarien (VRS) and Eurasia Mining (EUA).
I start with the harassment: I wonder which fraudsters are trying to silence us today. Apologies if the site is slow, now you know why. Then onto Bluebird Merchant Ventures (BMV) and my scoop of earlier. Finally, St James House (SJH) and a follow up from Nigel’s shocking expose. I will do my second Woodlarks training walk on Sunday and am aiming for 12-13 miles. Think of my suffering, smirk and please donate HERE.
This is jolly good news for we long-suffering but loyal shareholders in Bluebird Merchant Ventures (BMV). I have been shown an email from a senior executive at Aussie based Southern Gold.
Bluebird Merchant Ventures (BMV) has published a further “Operational” update which includes that still its joint venture buyout settlement discussions are “ongoing”. So why a near 10% share price increase on the back of the announcement?
This podcast is mainly on the pot bubble looking at Cellular Goods, Kanabo (KNB), Path Investments (PATH) and the odd goings on at Voyager CBD and strange share price moves ahead of today’s placing and Zoetic (ZOE). I also look at Bluebird Merchant Ventures (BMV), Yourgene (YGEN) and naughty Manc scallywag Dan Levi. Finally a comment or two on Scancell (SCLP). The Path/Voyager screenshot is below.
A “Further re Joint Venture Update” announcement from Bluebird Merchant Ventures (BMV) isn’t the resolution of its South Korea gold projects position with Southern Gold (ASX:SAU) – and the shares, albeit still up from a 2.5p offer price recommendation, are currently 7% lower in response at 3.9p. So what’s happening here now?
For those who do not understand the cultural idiom, younger listeners, the reference video is below. I inject a bit of class warfar to keep working class hero and Euro loon Jonathan Price happy. In today’s show I discuss Marechale (MAC) the latest Chris Akers spoof, Verditek (VDTK), Nightcap (NGHT) and Bluebird Merchant Ventures (BMV)
Ahead of two share tips of the year 2021 from me within the next few days, how have my 2020 selections fared?…
I start with Joshua’s Advent calendar day 4. Then it is onto Ironveld (IRON), Telit (TCM), Bluebird Merchant Ventures (BMV) and Anglesey Mining (AYM) whose shareholder base means I shall be raising another £50 for Woodlarks on January 1 2023.
Bluebird Merchant Ventures (BMV) has emphasised “an exciting time for current and new shareholders” with an appointed Independent Expert now having determined a valuation for the company to acquire the other 50% of its South Korea gold projects joint venture, but the shares are currently a bit lower in response to 4.8p to buy…
I start with non financial matters: a Woodlarks thank-you, the start of Advent and a discussion about how we really must talk about suicide and related issues. This last subject is prompted by the latest troll to harass me. Then I look at Tungsten (TUNG), Supply@ME Capital (SYME) and at BlueBird Merchant Ventures (BMV).
Bluebird Merchant Ventures (BMV) has updated investors on the Gubong and Kochang gold mines in South Korea buy out deal. Specifically it informs us of an agreement “to the request of the Independent Expert to extend the period” of valuation determination…
I start with news on daughter to be Priti – the arrival is delayed. So that is more time for Bearcasts then. Then I discuss Advent calendars and recommend this website. Hat tip Malcolm Stacey. Then it is onto Curzon Energy (CZN), Netscientific (NSCI), Novacyt (NCYT), Uru (URU) and to Bluebird Merchant Ventures (BMV).
As I pile up my cans of beans and bury a bit more gold in the woods behind my log-cabin, I look at the outside world with dismay. Europe and the UK is locked down again – the UK seemingly on outdated flimsy evidence – and the central banks are once again printing money without regard to history. So much for a V-shaped recovery, we are headed for a double-dip recession or worse.
As you can see here, I shall be engaging in a small act of defiance tonight. In the podcast I discuss UK Oil & Gas (UKOG) - forced by myself to ‘fess up today about what is happening at the Gatwick Dribbler. I look at Trainline (TRN) and explain why the soon to be ex CEO is not a crook, at Guild Esports (GILD), Bluebird Merchant Ventures (BMV) and at Jubilee Metals (JLP).
Queens Colleage Oxford has enccouraged students to snitch on their peers and my daughter, now under house arrest, has fallen victim. What a mad and dark world we live in. After discussing this I look at all the mining stocks I own and one I sold, reviewing where we are now and where the real excitement lies at: Kefi (KEFI), Bluebird Merchant Ventures (BMV), Centamin (CEY), AEX Gold (AEXG), Ariana (AAU), Asiamet (ARS), Jubilee Metals (JLP), Pensana (PRE) and Red Rock Resources (RRR).
Another day and another sign arrives suggesting that BlueBird Merchant Ventures (BMV) is heading for great things. There are three pieces of news.
My tips of the year were published at the end of December HERE and HERE. How are they looking now?…
After his role in anabling the fraud at Sefton Resources (SER), including in smearing the UK’s top investigative journalist, Dr Michael Green should NOT be working in financial services. You know my views. But he is. and his job these days seems to be penning bonkers research notes on small mining stocks setting insane share price targets which are multiples of the current share price. You may remember his classic piece on Bluebird Merchant (BMV) where the target – and I say this as an enthusiastic sharenholder – was just insane. Then there was a classic on the worthless James Parsons POS Ascent. His latest note is on Xtract (XTR) where he predicts profits of 500% for those buying the shares. If you enjoy a piece of badly wfritten fiction and don’t have a Jeffrey Archer to hand, the note is below.
Shares in Bluebird Merchant Ventures (BMV) have raced ahead to 5.35p (well up on our 2.5p offer share tip) but there is every reason to hang on for even bigger gains. The latest news is very exciting indeed for we loyal shareholders…
This is very good news. We are now just 30 days from Bluebird Merchant Ventures (BMV) being the owner of not 50% but 100% of two, close to production, Korean gold mines which ultimately can produce at 100,000 oz a year but can be up to 30,000 oz really very quickly. A market cap of below £18 million patently fails to discount this…
I have commented before on how Dr Michael Green should not be working in the City because of the role he played in the Sefton(SER) fraud which included launching a dirty tricks campaign against the heroic investigative journalists Mr Daniel Levi and er…me. A couple of months ago, he published a note on Bluebird Merchant (BMV) with a price target which, though I am a very supportive shareholder, especially after today’s RNS, I said at the time was quite utterly bonkers. It still is. Today he opines on Ascent Resources (AST) and his research makes that on Bluebird seem sober and considered.
I start with a few other comments on Greek Hovel matters. Then I move on to talk about three companies which I shall be or are discussing with the FCA: Zenith (ZEN), Eqtec (DOG), and Verditek (VDTK). Then onto NatWest Group (NWG) where I apologise for my bad language. Finally my thoughts on the gold price and comments on gold stocks I own: Centamin (CEY), Ariana (AAU), Kefi (KEFI), Bluebird Merchant (BMV), and Xtract (XTR).
I have shares in Bluebird (BMV) and think that at 4.25p they are cheap. They should, IMHO, be trading at 6p and might get into double figures if it can resolve issues with its Aussie, soon to be ex, partners in Korea. But a 34.79p target price, a 69p DCF valuation, is insane as I explained in detail in bearcast yesterday HERE. But that is the target price of Align Research, which owns almost 4% of the shares, and its boss Richard Jennings wants to defend that viewpoint and being a fair man I allow him to do so.
I start with a few notes on Covid hysteria, referring you to my earlier piece on perceived death rates HERE but also to research showing how pointless wearing face nappies is HERE. I look at R4E (R4E) and how Richard Jennings asks me to explain why Dr Green’s valuation of Bluebird Merchant (BMV) is a joke. I am a Good German and oblige. The shares, which I own, are – I believe – very cheap, but the analysis of Green is piss poor. Indeed it is so piss poor that the journalist-smearing old bastard should be fired at once. I look at Watchstone (WTG), Quindell as was, and its £63 million claim against PriceWaterhouseCoopers filed in the High Court today. I shall happily give evidence for PWC. I comment on Avacta (AVCT), Versarien (DOG), and Red Emperor (RMP).
The note I refer to is from Align on Bluebird Merchant Ventures (BMV). I agree the shares are cheap. I own some! But are they as cheap as the note suggests? Nope. It is bonkers. I discuss its author and other peak cycle bonkers notes etched in my brain. I look at R4E (R4E) and why you should not follow Fraud. Then at the accounts from troubled broker Novum which came out yesterday. They are truly shocking and get a full debagging from me. I comment on Hammerson (HMSO) and illusory asset values and on Simec Atlantic (SAE) and – en passant – Hurricane Energy (HUR).
Bluebird Merchant Ventures (BMV) has announced that its JV partner in South Korea is pulling out. But this is a blessing in disguise. We are told…
My first article about the Greek Hovel 2020 is now up and there are a stack more to follow. In today’s podast, I look at Bluebird Merchant Ventures (BMV), Hammerson (HMSO), Versarien (VRS), and Purplebricks (PURP).
We are not quite at the all-time high, but Gold posted an all-time high last night in terms of its weekly close, is US dollar terms. We have moved a long way very fast: just 17 days ago the yellow metal cracked $1800 and only in March the price dipped below $1500. Year on year the price is up by around a third. I noted the other day the danger of a bit of a pull-back, but it hasn’t quite happened yet.
My tips of the year were published at the end of December HERE and HERE and I now update following the extraordinary first half of the year...
I look like a genius right now! Having told readers a week and a half ago to load up on gold stocks and just wait, the gold spot price has surged to a shade over $1777 per ounce, with futures now at $1795 and gold stocks have shaken off some of the correction. So is it time for yet more Ouzo? (perhaps the best hangover cure for Monday’s excesses!)
Last week I warned that markets were ripe for a big tumble in the face of, quoting Alan Greenspan (former head of the US Federal Reserve), irrational exuberance and that according to our favourite technical analyst Jordan Roy-Byrne of TheDailyGold.com gold and gold stocks were likely to offer a great buying opportunity. Well, here we are a week later and markets are down but there is a long way to go, and gold hasn’t gone anywhere……except the mining stocks have, and look set for a rebound.
And now from Wales, by just 30 yards, it is my new, I hope, weekly show. This costs 99p per episode to access and you can either listen or watch very sparky interviews with bear raider Matt Earl with Boohoo (BOO) centre stage, Aidan Bishop of Big Dish (DISH) and Bluebird Merchant (BMV) and myself explaining why Purplebricks (PURP) is a zero. You can access the show HERE
Previously updating on Bluebird Merchant Ventures (BMV) we’ve noted confidence that funding to take it to gold production would be concluded… and now an update including that the company “is pleased to report that the South Korean company has successfully completed its due diligence and has advanced to the point at which financing terms will be confirmed shortly”...
First of all i hope you listen to the first of my now weekly long premium video podcasts which went out late last night HERE. It was a lot of work recording as I explain in this bearcast. It also gives background on my thinking on Covid-19 and that brings me to Novacyt (NCYT) which has company specific issues which will blow it up as I explain in yesterday's show and Open Orphan (ORPH) which is very well run and a great company but where I have sold my last shares. I explain why. I also look at Asiamet (ARS), Bluebird Merchant Ventures (BMV), 4D Pharma (DDDD) and Big Dish (DISH). Finally if you have yet to donate to Rogue Bloggers for Woodlarks , the great day looms and we are now at 31% so please donate HERE
My tips of the year were published at the end of December HERE and HERE and I now again update amidst the extraordinary start to the year...
Over the weekend I hope to bring you photos of a semi complete strawberry patch here at the Welsh Hovel and also of my first long training walk for Woodlarks. I donated £1000 yesterday and young Steve Moore also made a generous gift so we are now at 24% of the £48,000 we need to ensure Woodlarks survives. Please donate HERE. In the podcast I look at Whitbread (WTB), Catenae (CTEA) and at where we are in the gold shares buying cycle, referring to three I own and am very excited: Bluebird Merchant (BMV), Kefi (KEFI ) - no sniggering at the back please - and Xtract (XTR). Again no sniggering.
Yesterday’s online extravaganza at our one-off ShareProphets Shares Conference was sensational - all the videos are now up for a la carte selection if you are yet to view. Just for a start, the technical side was pretty ground-breaking and there were some who thought that technical matters would get in the way, but Darren did a fantastic job (although I don’t think we’ll be seeing him today as he recovers from the marathon). And then there was Tom Winnifrith on a marathon serial interview session – sixty hours of it! Stunning. Absolutely stunning. And the content was exceptional – whether or not you agreed with what was being said, it was presented logically, tested incisively by Tom and there was much to make me sit up and think. And that brings me to the yellow metal.
Having earlier updated on the ShareProphets readers tips for 2020 competition, I now update on mine...
I see that our favourite technical analyst, Jordan Roy-Byrne of TheDailyGold.com is getting ever more bullish. Although he is a gold-bull, he is often rather dour in his opinions shorter term but it seems that the flood-gates have opened – not just with reference to his charts but with reference to anything to do with gold. More importantly, it seems that the big institutional money has finally started to arrive. Bank of America has slapped at $3000 target on the price of an ounce of gold over the coming eighteen months, well up on its previous forecast of $2000.
In this podcast I discuss the issue of bad behaviour and trust in terms of whether a debt due will actually be paid. I discuss the airlines, Moss Bross (MOSB) and what a survey last night from You Goc said about consumer attitudes and what that means for the coming depression. I commend you to read Nigel's piece today on gold. I think he may be right and think I need to add to my gold exposure although, for company specific reasons, my biggest holding, Bluebird Merchant (BMV) will soon fly, methinks. I reveal a new speaker at the greatest investment show I have ever organised and suggest you buy a ticket HERE
A further Funding Update announcement from gold project developer in South Korea, Bluebird Merchant Ventures (BMV) – and the shares further higher to 3.8p…
I start with Gabriel Grego's latest bombshell dossier and the back history involving our exposes on InternetQ (INTQ). - surely the FCA must be having words with Martin Hughes and Tosca Fund. I end with Branson's bailout begging. Surely the UK must say no. In between I look at Catennae (CTEA), Feedback (FDBK), Bluebird Merchant Ventures (BMV), Midatech Pharma (MTPH) and Bidstack (BIDS). Finally, Darren has done his propogating and the ShareProphets Shares Conferenc e website is now 100% secure to take bookings for May 9. Please buy your tickets now HERE.
I am a big fan of Bluebird Merchant Ventures (BMV). I expect it to secure loan funding to ensure opening of its first gold mine very soon and that folks will then realise that this is perhaps the cheapest London listed gold play. I really could see its shares trebling from the current 2.45p mid. But there is one problem, its non executive chairman Jonathan Morley-Kirk simply has to be fired, not only from Bluebird but from Big Dish Ventures (DISH) as well. I have written to senior director Aidan Bishop.
As per my earlier piece, developments in the gold market have left me feeling very enthusiastic so I thought I would offer my thoughts on my various gold holdings, including AIM-listed Ariana (AAU) and Bluebird Merchant Ventures (BMV), fully-listed Centamin (CEY) and the BlackRock Gold & General and Junior Gold unit trusts – and a couple of other corners.
Some of you fell for my April Fool - wow! thanks for the messages of congratulation! In yesterday's bearcast I argued that banks had to abandon paying dividends pro tem. Now under pressure they have agreed to do so. I now give you five little or big case studies showing why a banking crisis is inevitable. Then I look at Nostra Terra Oil & Gas (NTOG), Bluebird Merchant Ventures (BMV), where I am a very excited and supportive shareholder but think the chairman must be fired after today's news, Bidstack (BIDS), Plutus Powergen (PPG) and the associated POS companies and Westminster Group (WSG) where repellent slug and ex Tory MP Tony Baldry of 3DM infamy shows again why he is the unacceptable face of capitalism.
With the extraordinary start to the year, a lot can change in a matter of weeks – and, having updated early this month on my tips of the year, now a further update…
Previously updating on Bluebird Merchant Ventures (BMV) we noted with the shares around 2p that, considering the gold production opportunity, the funding requirement is modest. Now “the Korean focused gold development group, is pleased to announce a funding update and a statement with regard to the Covid-19 pandemic”…
My tips of the year were published at the end of December HERE and HERE and I now update amidst the extraordinary start to the year…
ShareProphets’ favourite technical analyst, Jordan Roy-Byrne of TheDailyGold.com, has been very bullish on Gold for a while. His short term view has been that gold is in a correction but that one should treat that as a great opportunity to get positioned for his long term view that a big rise is on the way. Well, it does start to look as though he is being vindicated.
Jordan Roy-Byrne of TheDailyGold.com continues to be uber-bullish on gold and precious metals in general, even if he always seems to be a short-term bear. His latest thoughts can be found HERE and HERE and perhaps suggest that he was a little too bearish as gold corrected from last year’s race higher. But his market calls have been spot on since I started following his commentary and with a latest call that stockmarkets are in for a correction we should sit up and take notice. Unfortunatey, he does not see gold taking out the 2019 high any time soon, however.
Towards the end of September, we updated on Bluebird Merchant Ventures (BMV) Gubong permit formal communication progress & Kochang set to follow. Now we have a “Gubong Permit Received” announcement… This makes the shares look very cheap indeed.
Bluebird Merchant Ventures (BMV) “is pleased to announce that… it has now received formal communication from the Ministry of Trade, Industry and Energy in South Korea, confirming that the application for a 'Permit to Develop' the Gubong mine is to be granted” as well as updating including “the Kochang application is progressing well”…
Bluebird Merchant Ventures (BMV) “is pleased to announce that confirmation has been received that the ‘Permit to Develop’ the Gubong Mine has been granted”…
An “Operational and Permitting Update” from Bluebird Merchant Ventures (BMV), including of “delay… due to a change in the Counter Measure Against Natural Disasters Act, which had a section pertaining to mining which potentially allowed for multiple interpretations”…
Bluebird Merchant Ventures (BMV) “is pleased to announce that it has now officially received confirmation of the drilling grant from KORES for its Kochang drilling programme”…
Bluebird Merchant Ventures (BMV) “is pleased to announce that it has received a positive response to the application for the 'permit to develop' the Gubong Mine”…
Bluebird Merchant Ventures (BMV) has announced a £0.4365 million placing at 2.25p per share - with £0.1865 million of that from directors Colin Patterson, Charles Barclay and Aidan Bishop - to further progress its South Korean gold projects towards targeted first gold pour in the fourth quarter of this year…
Bluebird Merchant Ventures (BMV) has announced that the application for the 'permit to develop' the Kochang Mine has been submitted and updated on other timescales…
Bluebird Merchant Ventures (BMV) says that it “is pleased to announce its Interim Report and Accounts for the half year ended 31 December 2018… and to provide an operational update on the Kochang Mine”...
Bluebird Merchant Ventures (BMV) “is pleased to see strong correlation in the results of the underground sampling programme carried out by KORES, with that conducted by the company in the same area in the first half of 2018”…
Bluebird Merchant Ventures (BMV) “is pleased to announce the application for a grant for an assisted drilling programme at Kochang from KORES, the submission of the report on the feasibility of re-opening the mine to Southern Gold and the application for the permit to develop Gubong from the South Korean Government”…
Bluebird Merchant Ventures (BMV) has updated on its 2019 strategy, including “gold production to commence by the end of 2019”…
How I suffer for you dear listeners. All is explained. Then there is a long discussion on the administration of Patisserie Holdings (CAKE). I move on with a few more words on The Escape Group (ESC) which I covered HERE and then look at Eve Sleep (EVE) and the folly of Neil Woodford, Scancell (SCLP), Anglesey Mining (AYM), Ariana (AAU), Bluebird Merchant Ventures (BMV), Chesterfield (CHF) and Metro Bank (MTRO). Finally it is one day to ouzo time (again) on Frontera Resources (FRR).
I start with a report back on my torture of last night. Then I look at a day of woe for Neil Woodford, commenting on the Kier (KIE) debacle which has shown him at his arrogant and reckless worst. Then I ask questions about share trades announced late yesterday in BCA marketplace (BCA), I look at Sosandar (SOS), Optibiotix (OPTI), Bluebird Merchant Ventures (BMV), Yu (YU.) and at Avanti Comunications (AVN).
Bluebird Merchant Ventures (BMV) “is pleased to announce excellent results relating to initial metallurgical test work conducted on a composite ore sample from Kochang Mine”…
Bluebird Merchant Ventures (BMV) “has completed a review of all data to date, related to the Kochang gold and silver mine. As a result it has derived an initial estimate of the mineral potential available for the redevelopment of the mine”…
Bluebird Merchant Ventures (BMV) is “pleased to have completed a premium private placement given the current market conditions. This demonstrates the confidence in our South Korean projects and in the progress that has been made as we continue to move towards our goal of reopening the mines”. So, what’s the detail?...
Bluebird Merchant Ventures (BMV) has updated that it “has completed required Kochang expenditure for JV” and “locates and finds accessible open mining areas at the Kochang silver mine adjoining the gold workings which were in a good condition”…
Bluebird Merchant Ventures (BMV) has updated on both of its South Korean mining projects, Gubong and Kochang - and on expected upcoming developments…
Bluebird Merchant Ventures (BMV) has announced a progress update from Kochang in South Korea. It is …getting there...
Bluebird Merchant Ventures (BMV) has updated that it has delivered “the final deliverable needed for the formation of the 50:50 joint venture with Southern Gold” and that the work “supports its previously stated view that the establishment of a low capital cost mine at Gubong is achievable”…
Before you consider the latest news from Bluebird Merchant Ventures (BMV) just consider that, at 2.8p-3p, the market cap is a paltry £5.36 million. Bluebird has more than one asset but focus on just one for now: Kochang, where it has now formalised a 50/50 JV with Aussie based Southern Gold.
Bluebird Merchant Ventures (BMV) has announced further results from underground channel sampling at Kochang on in-situ ore left behind by the original miners – including emphasising “the samples show positive indications of high average gold and silver grades” and “orogenic deposits typically extend over 1 kilometre in depth and Kochang has only been developed to a depth of 150 metres”…
Previously writing on Bluebird Merchant Ventures (BMV) last week, we noted there looks news flow aplenty to potentially spark the shares – and now there’s an announcement of Kochang Underground Grab Sample Results…
Bluebird Merchant Ventures (BMV) “is pleased to announce excellent results relating to the initial metallurgical test work conducted on ore from Adit 4 at the Gubong mine”…
Bluebird Merchant Ventures (BMV) has announced from the Gubong project “results from the water discharge have been certified to show no heavy metals proving the effectiveness of our water treatment plant”, reinforcing “strong community and government support for the reopening”…
We own shares in Bluebird Merchant Ventures (BMV) and have done since its IPO. It has been a bumpy ride but things are now going very much the right way and at c3p they are very cheap. Here is Charles Barclay to explain why.
Bluebird Merchant Ventures (BMV) has updated on ongoing progress at the Gubong and Kochang gold/silver projects – featuring water treatment and metallurgical test work for the former and assays for the latter…
In tandem to completion of the required farm-in expenditure of $500,000 at the Gubong mine, Bluebird Merchant Ventures (BMV) has announced signing of the joint venture agreement.
Okay, Bluebird (BMV) is a corporate client of broker SP Angel so take this report with a pinch of salt but analyst John Meyer is no fool - although he sometimes lacks a sense of humour. And the 24 page report is very detailed. And of course we own the shares and I do think they are cheap at 3.8p although I'm not sure that i am as optimistic as Meyer. Anyhow, he is the expert and writes:
Bluebird Merchant Ventures (BMV), has served up more good news from the land of the dog eaters, that is to say South Korea.
Bluebird Merchant Ventures (BMV) has updated including “there is little doubt that the programme for Kochang has been accelerated in the past week and that the potential to complete the transition to a Joint Venture could be completed within the next six months resulting in a decision to move into construction of the mine. This also allows the company to expand its programme on the far larger project at Gubong which still has the potential for a company maker”.
Bluebird (BMV) really is on a roll in the land of the dog eaters, now announcing that it has signed a deal to develop and reopen a second gold and silver mine. The deal is that once Bluebird has spent $500,000 it can a 50% stake in the Kochang mine currently owned 100% by Southern Gold Ltd. There are some preconditions like South completing a A$250,000 placing but assuming the deal goes ahead it looks interesting...
Bluebird Merchant Ventures (BMV) has announced results of 'grab samples' after engineers gained entry into the old workings at Adit 4 and from spillage in Decline Shaft 2 at the Gubong gold mine - the results “indicating that a significant amount of gold remains unmined at Gubong”...
Bluebird Merchant Ventures (BMV) has updated emphasising “CEO, Colin Patterson, has committed to personally fund the Gubong project through to completion of the Report on Feasibility to re-open the Gubong mine”, “‘soft loans’ of USD 500,000 made to the company by management and key associates have been extended” and “assay results from underground and surface sampling are expected in early January”…
I thought I would give Bluebird Merchant Ventures (BMV) a couple of weeks’ grace to come clean before getting stuck into what I perceived to be a classic piece of BS in its recent RNS relating to the delay in getting its results out leading to a “temporary” suspension. Time's up.
Bluebird Merchant Ventures (BMV) has announced that work is now underway to open up three entrances to the mine at Gubong in South Korea. The target entrances were found using Ground Penetrating Radar, chatting to the locals and from historical information on what was once the country's second biggest gold mine.
*Bluebird Merchant Ventures (BMV) is a former unsuccessful share tip of ours – though our 3.5p July sell advice has proven correct, with the shares presently at a 2.5p offer price. However, there is now a new CEO and a new focus which leaves the shares materially undervalued at the current sub £5 million market cap and we are expecting more news soon...
In this video from the storming success that was the 2017 UK Investor Show, in the 'Dragon's Den' companies have a 60 second pitch to Britain's Buffett Nigel Wray, Tom Winnifrith and Steve Moore for three £1,000 investments. Up first are Sula Gold (SULA), Symphony Environmental (SYM), Asiamet (ARS), Bluebird Merchant Ventures (BMV) and (sort of) Interquest (ITQ)...
In this video from the storming success that was the 2017 UK Investor Show, Charles Barclay, COO of Bluebird Merchant Ventures (BMV), is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.
This week’s strategy update from Bluebird Merchant Ventures (BMV) reminded me that I meant to go searching for its interims as it had done that really annoying thing that rubbish companies do in not actually putting the interims in the RNS, but merely putting a link to the website and then it isn’t actually on the website till later. Having finally tracked them down, I now realise why the company wanted to hide them away as they make horrific reading.
In this podcast I start by clarifying exacty where I stand on Nostra Terra (NTOG) then I move onto Lead All (LEAL), Blenheim Natural (BNR) and China New Energy (CNEL). Then I look at Strat Aero (AERO) where there is news from Texas ( not good). Finally a stock we own, Bluebird Merchant (BMV) and I assist you with the maths on today's cracking news.
With the Euros coming to a close, it’s appropriate to assess the performance of the Sub-Standard Shockers XI over the last month or so. Well, you know it hasn’t gone well when the best performers are those that have been in suspension for the period.
In this podcast I discuss pruning here in Bristol, an update on the Gooseberry crumble and then the lessons about how folks behave as investors or rather gamblers we can learn from the Worthington (WRN) fraud which must now be brown bread as explained HERE earlier today following news on Friday. That section also mentions Cloudtag (CTAG) and tech stocks. Then I look at commercial suicide, the curse of the tipster and Bluebird Merchant Ventures (BMV).
I have spent the morning getting twitter grief for this article but the one polite twitter enquiry concerns BoxHill (BOX) and I answer that in this podcast as well as explaining why shares are both up and down since Brexit - it all depends how you look at it. I also cover Gulf Keystone (GKP), Bluebird Merchant Ventures (BMV), Advanced Oncotherapy (AVO) and Avanti Communications (AVN), I meant to talk about Bovis (BVS) but forgot. I shall try to remember tomorrow when I am down to make a gooseberry crumble. I shall report back on that over the weekend.
Earlier last week there was cracking news on the Batangas gold mine which - on its own justifies a multiple of the current share price. But now we have confirmation that Bluebird's (BMV) copper concentrate trading operation has banked its first cheque. More will flow and quickly.
We have had nothing but good news from Bluebird Merchant Ventures (BMV) since its IPO yet the shares have fallen. But we know why and we tell you now you must buy.
We now have evidence that some of those who invested in Bluebird (BMV) at the IPO are ignoring lock-ins. That is seeing the shares slip when they should be racing on more good news. We expect this matter to be resolved very shortly indeed and the re-rate to then start and to be dramatic. That makes the shares a buy now.
BlueBird Merchant Ventures (BMV) is a stock that has not flourished since gaining a Standard Listing on the LSE on April 20th. Listed at 5.75p the shares now trade at 3.5p - 4p but that makes them look very cheap. They could double from here, easily.
No offence intended but I would rather that Aidan Bishop who is the man behind Bluebird Merchant Ventures (BMV) had presented at UK Investor Show not Clive Sinclair-Poulton. Aidan is a class act and next year I hope he is around. We own these shares and are excited aboout what will happen. Enjoy
is this is a bullcast? We have 15% of our portfolio in gold becuase we are bearish about shares. Does that make sense? I discuss why you should own some physical gold and then why we own the shares we do, notably Petropavlovsk (POG), Ariana (AAU) and Wishbone (WSBN) but also much smaller amounts of Eurasia (EUA), Bluebird (BMV) and Armadale Capital (ACP)
I really hate backing IPOs. Many companies just struggle to adjust to life as a public company, it is like those cricketers who are great at proper cricket but just can't make the adjustment to the pyjama game. Whatever. We have had a small exposure (well not that small actually) today in Bluebird Merchant Ventures (BMV) - Bluebird Mining as was - which is the first mining stock to make it to the London market in eight months.
Time left: 05:55:14