UK 14:38 Thursday, 8 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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.
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.
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”.
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?
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.
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.
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.
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?
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?
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...
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...
Another day and another sign arrives suggesting that BlueBird Merchant Ventures (BMV) is heading for great things. There are three pieces of news.
