BCN 4.55% 2.3¢ beacon minerals limited

Ann: Jaurdi Gold Project Update, page-16

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  1. 490 Posts.
    lightbulb Created with Sketch. 178
    Textbook shakeout on low volume, but would like it to hold above 2c.

    It looks like a slap-dash announcement they put together late last night and released this morning....quite odd. But the information in it is OK - approvals received, over subscribed 18m funds and some mining completed in August as promised. So still tracking perfectly and FAST.

    Shakeouts are technically necessary for sustained growth in shareprice.....Beacon has failed to hold the 2c previously but we will see how we go this time.

    Kirk
 
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