BCN 0.00% 2.9¢ beacon minerals limited

That hedge is losing us thousands per day currently costing us...

  1. 5,612 Posts.
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    That hedge is losing us thousands per day currently costing us $280 per ounce -- hope we dont gamble with future ounces again and that this serves as a hard lesson to not book ounces at the bottom of a consolidation before a strong leg up. Still though getting good cash for the 25% not hedged and looking forward to the day we get spot for our ounces produced (like we should of been!)

    The lack of positive news is really surprising given the amount given the latest aquisition and buying up shares in other stocks, the amount of dirt we have should provide managment the opportunity to regularly provide good project news.

    Are we doing any drilling at the moment? seems like we have not shared any results for a very long time.

    I am unemployed so we kind of relying on the dividends to pay my rent, hurts a bit not getting a few grand to tie me over but ill work it out. Hope managment make it worth our while ploughing back profits to make the project bigger and better for shareholders. Price of gold will hit $3000 again today.. question is can we crack it and sustain levels over and above? $2000 US looks to be cracked now but can consolidate and hold?
 
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Last trade - 13.22pm 06/05/2024 (20 minute delay) ?
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