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Thread: Bonanza Goldfields Corp

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    Modal Operator/Moderator Goldhedge's Avatar
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    Default Bonanza Goldfields Corp

    I was checking out one of Fido's recommendations and while searching found these guys with nearly the same name.

    Normally, I would just dismiss the pennies, but I happened to notice the recent 10M share volume spike and thought it interesting.

    Comments anyone?

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    "...a Republic, if you can keep it!" Ben Franklin - Statesman

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    GIM Statesman phideaux's Avatar
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    Default Re: Bonanza Goldfields Corp

    I like 'em, but only because their property is called Tarantula.

    A one-time volume spike could be anything, an insider exercising options then selling. whatever. A million shares at a penny is only $10,000. Not really a significant chunk of capital in these days.
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    Goldhedge (02-28-2012)

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    Default Re: Bonanza Goldfields Corp

    I was wondering because there wasn't one before that was that significant.

    Just guessing, but it's as if someone(s) had foreknowledge of something, or maybe just knowing gold was going to go up...


    I think a rising tide floats all boats.
    "...a Republic, if you can keep it!" Ben Franklin - Statesman

    Truth requires no law. Ignorance of the law is no excuse!

    Derivatives are contracts whose value is derived from stocks, bonds, loans, currencies and
    commodities, or linked to specific events such as changes in interest rates or the weather.

    "Money is the future idea of value." Armstrong

    "Pretend inferiority and encourage his arrogance." Sun Tzu

    Be the change you want to see in the world. Gandhi

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    Super Moderator AgAuGal's Avatar
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    Default Re: Bonanza Goldfields Corp

    just be careful, GIMers seem to have trouble with boats. I know i picked a few sinkers over the years.
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