BCN 6.90% 2.7¢ beacon minerals limited

What's risky - is keeping on the target, the grades remaining...

  1. 152 Posts.
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    What's risky - is keeping on the target, the grades remaining constant, no unexpected water, and the processing/recovery working like experts planned - have a read of G1A and G6M right ATM. Then note the price of the shares at the start of mining and what these are worth now after selling some of the take-off and still having to raise cash.... - did the set rates help those shareholders ????? I could add another half dozen with similar story in the last 12 months regardless whether they are/were mining gold, lead or tungsten, Then check the capital used to start mining on the surface verses digging down ....Regardless of what research any shareholders or the company with expert advice do, its the unexpected that cost big money underground... also drilling and interpretation thereof is not as easy as it may appear, and the deeper the more expense the correction. JUST my experiences - perhaps smarter people than me invested in the contractors? Cheers RC
 
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