American Bonanza breaks out.

[phideaux]

Picked up a few shares today but couldn't get my order filled. I sense big news coming.

let me remind my fellow GIMers of the icing on the cake of this wonderful play for gold enthusiasts:

American Bonanza currently has no plans to hedge the price it sells its gold at...$$$$$

Yeah, the Big News is that production has started. The official News Release is wayyyyyyyyyyyyyyy overdue.

[donkey]

VANCOUVER, BRITISH COLUMBIA, Feb 07, 2012 (MARKETWIRE via COMTEX) -- American Bonanza Gold Corp. CA:BZA +1.85% (otcqx:ABGFF)(pinksheets:ABGFF) ("Bonanza" or "Company") is pleased to announce that the Copperstone gold mine has achieved several significant milestones as the operation moves towards full production. The crushing and grinding facilities and the gold processing plant have completed commissioning and have recently operated for one week at 79% of the 450 tons per day design capacity during the final week of January 2012.

The gold processing plant is now treating ore grade rock, having run waste and low grade rock for several weeks as part of the startup process. Head grades during the final week of January average 0.21 ounces per ton of gold although data is still being analyzed and this result is subject to minor revision. The head grades are scheduled to rise during February as the processing plant works through the low grade rock which has been stockpiled at surface for startup.

The processing plant is performing well, as indicated by the consistent and low grade tailings assays, in the order of 0.03 ounces per ton gold during the final week of January. Low gold grades in the tailings indicate that most of the gold being fed into the plant is being collected in the gravity and flotation circuits where high grade concentrates are being produced. The gold processing plant has been treating ore grade rock for a short time, and accordingly performance estimates are very preliminary in nature. During the coming months, as more substantial tonnage is processed, the performance results will become more reliable.

Gold reporting to the gravity circuit in the processing plant is higher than expected, and as a result, the gravity circuit is being expanded to optimize recoveries. A Gemini gold table has been added to the gravity circuit and a second Knelson concentrator is being added. These steps to optimize the gravity circuit recoveries are aimed at improving overall performance of the gold processing plant.

During the final week of January, overall gold recovery was 84%, although this result is subject to minor revision as the data are finalized. Bonanza's objective is to maintain the low tailings grade as the head grade increases, which would have the effect of increasing the overall gold recovery. Additionally, optimization of the gravity circuit is aimed at improving the gold recovery over the next several months. The gold grades of the gravity concentrates and the flotation concentrates were in line with or exceeded target grades for the final full week of January. As more tonnage of ore grade rock is processed, these concentrate grades and other processing plant performance measures will become more reliably measurable.

Underground mine performance continues to increase to design levels. Ore and development waste are being mined in approximately equal amounts. While not enough mining history has been developed to comprehensively compare the grade of the recently mined ore with the anticipated grades from the reserves, early indications are that ore being mined exceeds the grade as modeled in the reserve calculations. Surface ore stockpiles are currently in excess of 4,000 tons of ore, which will allow the gold processing plant to continue increasing throughput as the mine tonnages increase to provide feed to the processing plant.

The underground mine is nearing the completion of startup activities, with equipment, infrastructure, and personnel resources steadily improving. During the coming months, as the gold processing plant works through the ore already stockpiled on the surface, Bonanza's objective is to steadily bring the underground mine output up to target levels.

The Copperstone assay lab is operational, as are the surface office facilities, communication systems, truck wash bay, fuel depot, and other infrastructure necessary for the operation of the mine. Plans have been formulated for resource expansion drilling, and the underground drilling rig owned by Bonanza is being refurbished as personnel are being hired to conduct the drilling campaign along with the assistance of Bonanza's exploration personnel. While preliminary in nature, the current exploration plan has the goal of commencing underground resource expansion drilling during March of 2012.

This release was reviewed by Douglas Wood, P.G., Vice President, Exploration of Bonanza, a non-independent Qualified Person within the meaning of NI 43-101.

[squirk]

Added a few thousand shares so you are all welcome for the little dip late this morning.......LOL

[dosman]

Holycrap. No volume on news that the grade is better than they expected. am I missing something in this report? Seems like an easy buy at this price

[phideaux]

The key phrase, which is lacking, and which the Big Boys are waiting for before they plow money into the stock, is "commercial production." They ain't there yet.

Dicking around and tweaking this and that is "normal" for a startup, but c'mon guys, get the friggin' Led out!



Actually get the friggin' gold out!

[dosman]

Interesting take on the news. I would at least expect a little pop from the confirmation. and it's a big plus when it comes to the long term that results thus far are better than expected. obviously it's just a matter of time before they are "commercially producing"

[dosman]

some guy from stockhouse's take on the news

operated for one week at 79% of the 450 tons per day design capacity during the final week of January 2012.

- A few weeks behind schedule. You be the judge of how significant a few weeks are.

Head grades during the final week of January average 0.21 ounces per ton of gold...The head grades are scheduled to rise during February as the processing plant works through the low grade rock

- 6.5g/t recovery from 7.4g/t material. It makes sense to put through lower grade material while the recovery is not optimized - less wasted. My thoughts are the 9-10g/t range.

Gold reporting to the gravity circuit in the processing plant is higher than expected,

- Gravity is the cheapest, easiest method of recovery. The gold falls to the bottom and is collected without additional inputs. This is good.

During the final week of January, overall gold recovery was 84%,

- Anything over 85% is alright. If they can get it to over 90% I'll be very pleased.

Surface ore stockpiles are currently in excess of 4,000 tons of ore

- Alright. They can supplement their underground output while the underground ramps up to full production.

During the coming months...Bonanza's objective is to steadily bring the underground mine output up to target levels.

- This is least positive news, in my opinion. It's the only point I would consider a 'miss'.

Plans have been formulated for resource expansion drilling...goal of commencing underground resource expansion drilling during March of 2012.

- They own the underground drill and are hiring the manpower. This should add lots of value.

Overall nothing more than can reasonably be expected. There is a learning curve and there are always hiccups. They are a month behind where they thought they would be. I guess that could be an issue depending on how quickly you wanted to flip your shares.

[budfox]

VANCOUVER, BRITISH COLUMBIA, Feb 15, 2012 (MARKETWIRE via COMTEX) -- American Bonanza Gold Corp. CA:BZA 0.00% (otcqx:ABGFF)(pinksheets:ABGFF) ("Bonanza" or "Company") is pleased to announce that it has completed a secured gold prepayment facility with Resource Income Fund, L.P. ("RIF") whereby Bonanza will sell 3,936 ounces of gold for delivery during 2012, for gross proceeds of US$6,000,000 (the "Facility"). The gold may be delivered to RIF on an earlier schedule with no penalty.

The proceeds from the Facility will be used for funding working capital, and Bonanza will invest in the further optimization of the Copperstone gold mine as it ramps up to full production, with a target throughput of 450 tons per day.

The Facility is a forward contract structured to deliver 3,936 ounces of gold over a 32 week term in the amount of 123 ounces per week starting on May 7, 2012 and ending on December 10, 2012. The 3,936 ounces of gold that have been committed under this gold facility represent approximately 1.5% of the proven mineral reserves at the Copperstone gold mine.

In connection with the Facility, Bonanza will grant to RIF 4,000 ounces of gold call options, expiring on April 15, 2013 with a strike price of US$2,025 per ounce. An upfront fee of 3% was paid to RIF upon closing of the Facility.

About Bonanza

Bonanza is operating the newly constructed Copperstone gold mine in Arizona. For more information please visit Bonanza's website at www.americanbonanza.com .

[phideaux]

I dunno about this deal. It works out to $1,524 per oz, $200 below market.

it's only 3,936 ounces, but I hope these guys did the math and can show that this discount was the cheapest way for them to get $6,000,000 of upfront financing.

[budfox]

I dunno about this deal. It works out to $1,524 per oz, $200 below market.

it's only 3,936 ounces, but I hope these guys did the math and can show that this discount was the cheapest way for them to get $6,000,000 of upfront financing.

Better than dilution?
I'll tell you what, cover my losses and I'll get out.
The stock will double over night...

[StateofJefferson]

I am sure they did the math and approached a few sources. They are a brand new producer with no track record and getting loans in general in these times is not easy. I am in commercial real estate and the only people who can get loans are those who do not need loans.

[budfox]

I am sure they did the math and approached a few sources. They are a brand new producer with no track record and getting loans in general in these times is not easy. I am in commercial real estate and the only people who can get loans are those who do not need loans.

Sprott could have given them his walking around money to cover it...

[phideaux]

I think Sprott is "all-in", up to the max 19.9%, above which would trigger all kinds of onerous disclosure and reporting requirements.

[budfox]

I think Sprott is "all-in", up to the max 19.9%, above which would trigger all kinds of onerous disclosure and reporting requirements.

Well if he's balls deep we're in good company.....

Pop or drop tomorrow?

[Gcubed]

Quick question. What happened to "un-hedged"? I remember that being bragged on.

[phideaux]

Quick question. What happened to "un-hedged"? I remember that being bragged on.

Yup.


I'll go on record, even though it is only roughly 10% of estimated 2012 production I don't like this move.

[StateofJefferson]

Hey Fido, when do we get to retire on this one?

[phideaux]

Hey Fido, when do we get to retire on this one?

Hey, I just did. I just bought a house in Arizona. I'm in Bonanza from 4 cents, 3 1/2 years ago, Still holding it all.


Seriously, this stock is still so cheap, I wouldn't be surprised if any day now Eric Sprott or Dundee Capital or somebody else from up North does a LBO and takes the company private. JMHO DYODD GLYA.

[Strawboss]

I might have to finally pick up some of this tomorrow. Been sort of keeping an eye on it from a distance, but, never was really able to time a good entry. Tomorrow seems about right...

[dosman]

HMMMM...American Bonanza, a well-funded company, opposed to forward selling, sells $6mm of gold in advance....



They might be up to something here...Given their track record, I'm thinking something good (buying a property??) that makes the discount rate of the $6mm very high.

[Strawboss]

Just picked up 20K shares at .50. Lets see what happens...

[phideaux]

Good luck, Boss.

Looks like some good support underneath the market right here.

[phideaux]

Interview with BZA's Prez. Brian Kerwin Starts at 34:00.
http://www.voiceamerica.com/episode/...volution/54925

Here's a summary from somebody over at Stockhouse.

Some new talking points. -After the feed started up again Kirwin was talking about how they still are not at 450 tpd as is the plan for the mine. Said that the stockpiled ore can hold them over for a few weeks while production is ramping up. I'd have thought the stockpile would be low/out by now if they still are not to full production. Sounds like another couple months before they reach peak production.
-Gold grade variances to the positive side of resource report grade in some of the spots they are mining. Countered this with a 'but' it is too early to tell because they have not a large enough sample.
-1-2 months should be a cashflow positive scenario.
-The plan is to have another mine like Copperstone up and running in 3 years time. Said it was ambitious.
-Within a few weeks there should be concentrate shipments. He said 'S&S in Spokane' will do the smelting. How this works is (per website): Concentrate arrives, fire assay is done. Company receives 75% of value. Remainder is received based on full value of final fire assay.
Also notable is that he said a few times that there are some things he could not be specific about because there has been no public news release. This is mostly in regards to grades, production numbers and first concentrate shipment. You'd get the impression that they were all quite positive and that a news release is forthcoming as he mentioned also that it should be positive for share pricing. I personaly dislike any of the 'wink wink nudge nudge' type approaches as they can tend to cause too much anticipation that is often met with disappointment due to hyped up expectations.
But whatever is the case, sounds as though there should be some news in the coming weeks.

[phideaux]

It's about friggin' time.

American Bonanza's Copperstone Gold Mine Ships First Gold

Press Release: American Bonanza Gold Corp. – 10 minutes ago


VANCOUVER, BRITISH COLUMBIA--(Marketwire -03/01/12)- American Bonanza Gold Corp. (TSX: BZA.TO - News)(OTCQX: ABGFF.PK - News)(Pinksheets: ABGFF.PK - News) ("Bonanza" or "Company") is pleased to announce that the 100% owned Copperstone gold mine in Arizona has placed onto transport its first shipment of gold bearing concentrates. The first concentrate shipment consists of 31.2 tons of concentrate grading an average of 22.8 ounces per ton of gold, containing an estimated 712 ounces of gold in concentrate. Gold content grades in the concentrates are over double the most optimistic expectations, and Bonanza continues to pursue further improvements to the gold grade in concentrate.

The gold-bearing concentrates have been produced during the mine and processing plant ramp up process, during early 2012. Bonanza's near term objective is to achieve the design gold production rate of approximately 3,000 ounces of gold per month, and the Company is encouraged to experience continued improvements to throughput as the miners and processing plant operators gain familiarity with the operation, and optimization of the mine and processing plant continues. As part of the optimization program to improve the gold grades in concentrate, a Gemini table has been installed and has been in use for about one month. Recently, a second Knelson concentrator has been installed, and is currently being brought on-line and optimized for best performance.

Performance of the Copperstone crushing and grinding facilities and the gold processing plant continued to improve. During mid-February the plant operated mainly continuously, with low production for optimization and maintenance taking place in three days out of a thirteen day run. During the ten days that the plant operated continuously, throughput improved to an average of 390 tons per day processed, which represents 87% of design capacity. With continued steady throughput improvement, Bonanza's goal is to achieve throughput at the design capacity of 450 tons per day during March 2012.

Head grades during two weeks of mid-February averaged 0.41 ounces per ton of gold which is above the expected life-of-mine average grade. Currently Bonanza has insufficient data to report any increase in the currently predicted grades over the first year of the mine life. The rising head grades are partially a result of the processing plant working through the low grade rock which has been stockpiled at surface for startup. This initial low grade material is currently being replaced by mine ore production. The surface ore stockpile currently contains approximately 2,700 tons of ore.

The processing plant continues to perform well, as indicated by the consistent and low grade tailings assays, in the order of 0.06 ounces per ton gold during the two weeks of mid-February. Low gold grades in the tailings indicate that most of the gold being fed into the plant is being collected in the gravity and flotation circuits where high grade concentrates are being produced. The gold processing plant has been treating ore grade rock for a short time, and accordingly performance estimates are preliminary in nature.

During the two weeks of mid-February, overall gold recovery in the processing plant was estimated to be 85%, according to preliminary data. During February, the gold grade of ore delivered to the processing plant roughly doubled as compared to January (a partial month), and the tailings grade rose as a consequence. As the operators become more familiar with the plant and the Copperstone ores, Bonanza expects the processing plant to adapt more quickly to the changing grades, and achieve consistently low tailings grades. This would effectively increase the overall gold recovery. Additionally, optimization of the gravity circuit is aimed at further improving the gold recovery over the next several months.

Underground mine performance continues to improve. During 2012, the mine has been focused both on development mining to gain access to future ore bearing stopes, and mining ore from currently available stopes. Over a ten day operating cycle, excluding one day when the mine did not produce ore, the mine averaged 214 tons of ore per day, nearly half of the design mining rate of 450 tons per day of ore. Surface ore stockpiles currently contain approximately 2,700 tons of ore, which will allow the gold processing plant to continue increasing throughput as the mine tonnages increase to provide ore to the processing plant. Bonanza's objective is to bring mine production up to design levels as the processing plant works through the surface stockpile, so that when the stockpile is drawn down, both the mine and the processing plant will be up to their 450 tons of ore per day target levels.

Plans have been formulated for resource expansion drilling. The Bonanza-owned underground drilling rig has been refurbished and will be delivered to Copperstone in the next week. While preliminary in nature, the current exploration plan has the goal of now commencing underground resource expansion drilling during April of 2012. Drilling has been re-scheduled by one month to allow for the installation of all underground infrastructure needed for the drill.

Mr. Brian Kirwin, President & CEO, commented: "Shipment of the first gold in concentrate represents another important milestone in the operation of the Copperstone gold mine. Performance of the mine and processing facility continues to steadily improve in every aspect. We at Bonanza are encouraged by continued improvement in performance, and look forward to bringing the Copperstone gold mine up to design throughput in the near future."
This release was reviewed by Douglas Wood, P.G., Vice President, Exploration of Bonanza, a non-independent Qualified Person within the meaning of NI 43-101.

About Bonanza
Bonanza is operating the newly constructed Copperstone gold mine in Arizona. For more information please visit Bonanza's website at www.americanbonanza.com.

AMERICAN BONANZA GOLD CORP.
Brian Kirwin, President & Chief Executive Officer

We seek safe harbor.

http://finance.yahoo.com/news/americ...143500909.html

[dosman]

ONLY 80 K SHARES TRADED...HOW HIGH CAN WE GO?!!!

[dosman]

captain...we have liftoff!

[StateofJefferson]

A pop here would be welcome. February return for this stock was <16%>

[donkey]

Would gold bearing concentrates contain all the gold, or just the small non-nugget type?

I mean, if they processed 390 t/day at .41 oz/t and 85% recovery (.35oz/t) for 10 days that suggests there should be somewhere near 1350~ oz. That is not including anything outside that 10 day run.

But yet there is only 720 ounces being shipped?

And why play off the designed objective as 3000oz/month as opposed to the 3500+ planned?

The numbers are not adding up in this report. Most importantly in the amount of gold shipped. Though maybe the concentrate only includes the stuff before the run with the higher grade material?

With Gammon Gold they mined a high grade pocket for a few weeks and reported excellent grades. But it bit them in the ass as their projections were misleading and based on the high grade sections... eventually setting them up for a lawsuit in the hundreds of millions.

Not that this case is all that similar besides possibly picking a high grade pocket that's unrepresentative of the rest of the mine in order to excite shareholders.

[phideaux]

Would gold bearing concentrates contain all the gold, or just the small non-nugget type?

I mean, if they processed 390 t/day at .41 oz/t and 85% recovery (.35oz/t) for 10 days that suggests there should be somewhere near 1350~ oz. That is not including anything outside that 10 day run.

But yet there is only 720 ounces being shipped?

And why play off the designed objective as 3000oz/month as opposed to the 3500+ planned?

The numbers are not adding up in this report. Most importantly in the amount of gold shipped. Though maybe the concentrate only includes the stuff before the run with the higher grade material?

With Gammon Gold they mined a high grade pocket for a few weeks and reported excellent grades. But it bit them in the ass as their projections were misleading and based on the high grade sections... eventually setting them up for a lawsuit in the hundreds of millions.

Not that this case is all that similar besides possibly picking a high grade pocket that's unrepresentative of the rest of the mine in order to excite shareholders.

I'm just guessing, but I think the first shipment includes all the low-grade crap that they used to "christen" the plant and equipment. it doesn't include that 10-days @ 390 tons. I'd guess that would be included in the second batch of concentrate.

Yeah, I caught that too. 40,000 oz per year is closer to 3,300 a month than 3,000. I dunno, maybe they're backing out that 3,900 they sold forward??

[dosman]

Well these last few weeks have been disappointing in terms in share price and volume. But let me remind you guys of something:

market cap: well under $100 mill...

This simply can't last.

[vintage collector]

Well these last few weeks have been disappointing in terms in share price and volume. But let me remind you guys of something:

market cap: well under $100 mill...

This simply can't last.

When the markey tanks next year or sooner, do you thing American Bonanza will follow the stocks for a quick heavy dip or will it hold with PM's.

[dosman]

I have no idea. and I think it is a bad assumption to thnk that PM's will fare well when and if the market crashes. Honestly I think it's very possible that bonanza will get taken down with the rest of the market, which concerns me because I own many shares. Long term, though, the market tends to assess a reasonably fair price

[Gcubed]

Any news from the Copperstone project?

[dosman]

just put in orders for more bonanza and some GDCRF. I think bonanza is set for a surge any day now...can't believe it's still selling this cheap when they are actively producing gold

[dosman]

ordered filled around .385. bonanza now basically my only mining stock.

[dosman]

in GDCRF at about 1.165 then share price suddenly drops to 1.13 O.O. The deal with bonanza is that people hold warrants for .38 that expire soon...from my understanding. do your own research. I see very little downside risk in bonanza compared to the upside potential.

[donkey]

I think there are a significant amount of warrants at .38 and .45 that expire in July.

There are 1.5~ mil of the .38 warrants and 25~ mil of the .45.

As for options there are 5~ mil from 6-9 cents, 1~ mil around 20c, 7~ mil around 38c and 5 mil at 50~c.

Some big numbers.



A post on stockhouse today, allegedly from the IR dude:

Status is:
- They have shipped 4th concentrate shipment, so 3 shipments since their first shipment on March 1st PR
- Mill is operating at 400 tpd, 5 days/week, 24hrs/day. 450 tpd is capacity so I would infer things are going well.
- Average production rate now is about 100 oz/week. I would think it is just slightly lower.
- Next concentrate shipment next week.
- Talked about commercial production. Probably for Sept 30th quarter to simplify accounting
- Brian Kirwin (CEO) in Europe now at gold show to market. Going across Canada next week on institution road show.

100 oz/wk is more likely to be 100oz/day which given the schedule seems to put them at about 25,000-26,000 oz/yr. A knock up to 450 tpd would see closer to 29koz/yr. Another day a week would see about 33-34koz/yr @ 450 tpd.

I wonder what keeps it from running 6 days/week, if it's lack of trained staff or if it's just a part of the ramp up process? If they can get it to

[StateofJefferson]

Hey Mr. Fido, what are your latest thoughts on American Bonanza? Thanks

[phideaux]

Hey Mr. Fido, what are your latest thoughts on American Bonanza? Thanks

I'm still holding tight, as bullish as ever.

Bonanza should be coming out with some good news soon about progress at the mine and the fact that they're starting to get some cash flow on a regular basis.

The stock is just being beat up mercilessly like almost all the other junior miners. The state of the juniors market reminds me very much of late 2008 when I started buying Bonanza at 4 1/2 cents. One day, for no apparent reason, the bottom will be made, and the stocks will start jumping 5-10% every day.

JMHO DYODD GLTA

[Gcubed]

What's up with this project? Silence aint "Golden" in this business.

[budfox]

American Bonanza Announces Progress at Copperstone Mine and Completion of a Gold Facility

VANCOUVER, BRITISH COLUMBIA--(Marketwire -06/14/12)- American Bonanza Gold Corp. (BZA.TO)(ABGFF) ("Bonanza" or "Company") is pleased to announce a progress update at the high-grade Copperstone Mine during April 2012, and to announce that it has completed a second priority secured gold prepayment facility to support the successful ramp-up of the Copperstone Mine to full production.
Bonanza continues to make positive progress during its expected ramp-up stage as it approaches its objective of reaching design rates for mining and production. Performance during April represents a substantial improvement over the first quarter of 2012. Once at design rates, Bonanza will be able to announce commercial production. Current improvements during the ramp-up phase include:

http://finance.yahoo.com/news/americ...124500708.html

[Gcubed]

Well Bud, Baby steps are better than no steps. I hope that they can make it work.

[phideaux]

Bonanza has shown a little bit of life the last few days.



American Bonanza Gold (TSXV:BZA) (OTCBB:ABGFF) is Stock Pick of the Week Recommendation by J Taylor's Gold, Energy & Tech Stocks Report - Video Posted on www.InvestmentPitch.com


RELATED QUOTES

Symbol	Price	Change
BZA.TO	0.305	-0.00

Vancouver, British Columbia, July 10, 2012 - Jay Taylor, editor of "J Taylor`s Gold, Energy & Tech Stocks", featured American Bonanza Gold (BZA.TO) (OTCBB:ABGFF) as his recent stock pick of the week.

InvestmentPitch.com has produced a "video news alert" which provides a brief summary of this report. If this link is not enabled, please visit www.InvestmentPitch.com and enter "American Bonanza" in the search box.

Jay recently visited the company`s Copperstone Mine in southwestern Arizona, near the California border, where he spent time with several members of senior management and mine and milling operating personnel, and reported that he was highly impressed with the management team that CEO Brian Kirwin has assembled.

American Bonanza has, at last official count, a measured and indicated resource of 313,000 ounces of gold and an inferred resource of 256,000 ounces. The measured and indicated resource graded 10.3 grams per tonne, or approximately 1/3 of an ounce per ton. Over the first three years, average production is expected to be 46,000 ounces with cash costs od $415 per ounce. The prefeasibility results suggested an undiscounted cash flow over a 6.5 year mine life of $168 million at $1400 gold. The internal rate of return for this scenario was a very high 170.4%.

Taylor believes investors should realize that the likelihood of the life of the Copperstone Mine and/or its annual production doubling or tripling is more likely than not, assuming as Taylor does that the bull market in gold and its real price is still in its early days. Within weeks, American Bonanza should reach its current capacity of 450 tons per day, at which time this company should be generating significant cash flow. But management is already planning for a mill expansion to 700 tons per day, which Taylor expects will be implemented in 2013.

Management is assuming Copperstone will be up and running on its own very soon, and its already looking at its next project, which Taylor believes will be similar high-grade project with risk/reward metrics.
Jay Taylor summarized his report with the following comments, "Assuming American Bonanza executes its business plan, this is exactly the kind of evolving gold producer I like for this gold share bull market of a lifetime. Companies that can develop strong cash flows will be in a position to prey upon their weaker brothers who may have developed deposits of merit but do not have the management talent to achieve profitable production."

Jay also stated that upon returning home from his property visit, he acquired a reasonable large position, for him, in his retirement account.

The shares currently trade at $0.30 and with 201 million shares outstanding, is capitalized at $60 million.

For more information about American Bonanza Gold please visit their website at www.americanbonanza.com, or contact Jim Bagwell at 1-877-688-7523 or by email info@americanbonanza.com.

http://finance.yahoo.com/news/americ...205702643.html

[budfox]

Those dumb Canadians B Zed A. That's why the stock is so low cause no one knows what Zed is down here so they can't find the symbol.

[phideaux]

Those dumb Canadians B Zed A. That's why the stock is so low cause no one knows what Zed is down here so they can't find the symbol.

What is Zed? Zed is Da Man!

[budfox]

Where is Zed?

[craiggger]

"Who's motorcycle is This?"

"It's not a motorcycle baby, it's a chopper"

"who's chopper is this?"

"It's Zed's"

"Who's Zed?"

" Zed's dead baby, Zed's dead.."

[StateofJefferson]

Hey Fido! What are your latest thoughts?

[budfox]

He's been thinking about changing the thread handle to American Banana breaks down....

[Goldfish]

He's been thinking about changing the thread handle to American Banana breaks down....

So weird. Just before I clicked thread I was thinking the title should be changed to American Bonanza Caves In. We were close.