Ballarat Goldfields is an Australian gold explorer and developer, with a strong
portfolio of projects primarily focused on the highly prospective Ballarat gold
province in Victoria.

Situated in one of the most famous historical gold mining regions of Australia,
Ballarat produced over 12 million ounces before it's premature closure, around
the time of the first world war.

In 2004, for the first time following discovery in the 1850's, the leases over
the entire Ballarat field were consolidated under the sole ownership of BGF.
This has resulted in the company constructing a comprehensive geological model
of the entire field, demonstrating what many had suspected, that Ballarat had
massive unexplored prospectivity.

BGF completed a pre-feasibility study in 2004 which proposed an initial
underground mine at Ballarat East, with twin access declines servicing the
haulage and ventilation. The mine, based on BGF's geological model, has a life of 21 years, and would achieve an average production rate of approximately
200,000 ounces of gold per annum.

Website For Own Research
http://www.ballarat-goldfields.com.au

Top 20 Ordinary Shareholders Hold 69.66% of Issued Capital: 5th July 2006

Diggers & Dealers - Investor Presentation ASX and Media Release: 9th August 2006

Ballarat-Goldfields Annual Report2006

Ballarat East Revised Development Strategy ASX and Media Release: 7th September 2006

5% gain today see my overall position rise to 17.44%.... Growth should continue too :-) Anyone else in or watching this thread?

Bloomberg this morning reported gold at all time high since 1989...

Yet another rise today, overall gain now since I stared this thread is 20.66%

Another 5% rise today, looking good thats 25.48% up since begining this thread. Anyone else yet onboard?

Bid rises to 19.75, 27.09% gain since starting this thread and buying the share on the 31/12/05..

No movement today folks....

End the week, overall gain 23.87% up.

I've been to Ballarat.............. I won't be buying any BGF shares.

Veludo - Buy or don't buy makes no difference to me....

Total gain since starting this thread is +25.48%

Up just under 10% today, shares still looking very good.

Total gain since starting this thread 35.14%, bought 31/12/2005.

And holding.......

Small fall today, gains however still above 30% which isn't bad for under a 2 month investment!!

Price holds up.... This thread is becoming my personal diary of events!!

am watching this one as money tied up in chp at this time. debating wether to sell my PEG at a small loss and buy something new as they haven't done much for me[last weeks risses just lessen my loss]

Another small fall today.... Overall gain since begining this thread +30.31%

robertalexander - Your in chaco resources then, oil and gas v's gold miner... Decisions, decisions... So tell me how long you been watching BGF for then? I litterally found them a few weeks before buying in and starting this thread. Can't complain though as +30 in 3 months is pretty good going... Hoping that production rates will increase as they have the facility for it just like GFM have done today. Will send the sp soaring if it happens later in the year.

about 2 days. i found yr thread and thought hmmm... these are a bit out of my normal price range[ i like them <20p] as i only buy in 400-1000 bundles and i like to get more shares for my moneybut the upward trend caught my eye. it is high risk with these smaller shares but sometimes it pays off. i pays my money and takes my chances. i only have 4 shares in my portfolio at the mo chp,ser,sco,goo. so we will see. was off work today so got to play the market. got an extra 500 shares in chp for free[sold high/bought back in low, no fees for my first month either]. i dont know much about the particular companies[ i look on the internet, in RHPS etc.] i also follow the BB banter, again risky but one or two of you seem to be on the level, like you and stockdog, mjr1234& greyhound. try to ignore ravey dave and master rsi as cant tell whether they on the level or not

Hahaha, I squelched both Master RSI and Ravey Davey, fed up with their nonsense. RHPS isn't what it used to be, I think TB has had more losses in the past 12 months than gainers... I got in BGF at 15.54, the gold has just started to flow but I think the share could well hit +25p by summer. Looks like your portfolio is all oil and gas? If so a bit of a risk all in one segment. Gold prices seam to be on the rise 10% each year so Bloomberg tells us so organic growth is good...

Your money and high risk, although not as high as the other shares in your portfolio!!

used to follow TB quite religously but some of his shares are high priced[>20p] and as my portfolio only c2000, costs make small holdings unprofitable. not brave enough[or stupid] to lump all in on one company. i have been lucky with Tom as i had kmr and eum but took my money and ran [up c85% ]and am trying to do it my way to see if i can make it. it is risky but then again it is only a hobby to me.

robertalexander - I personaly think its best to do it alone. Sure everyone takes losses I am currently 1K down on AMU and holding. Paper trading is also a very good way to learn with zero risk. Not sure I understand why you don't consider shares above 20p though. A 20% rise is a 20% rise regardless of the sp and to limit yourself to shares under a certain price limits your potentail as an investor.