BCN 13.0% 2.6¢ beacon minerals limited

BCN March Surprise, aka The Judd News, page-21

  1. 5,650 Posts.
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    Another very strong session for gold -- back up chasing the all time high again close to $2350 now so Beacon is making super-normal profits at these levels (POG is back over our hedged price).

    So incredible that we are at 3.2 heads and 0.015 oppies.. when we have timed the entrance to production to perfection.

    Management are smart here not letting the cat out of the bag.. in all probability (i think 90%+) the resource will expand 5-20 fold from here and with it the SP.

    As stated late last year i have planned to sell down other stocks (slowly) and put all new investment equity in Beacon (as this is the Goldilocks stock on the ASX). I dont see the SP staying rock bottom like this for long.. whilst other nasty gold plays like SLR have been spiking, we have been getting sold down by likely weak and impatient hands.. its ok, i have a long game so will continue to accumulate dispite my investments looking a little shaky.. i am ahead of the ASX curve but others will follow (probably a lot higher SP as usual).

    Uber Buy, Uber Hold (right here!)
 
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Last
2.6¢
Change
0.003(13.0%)
Mkt cap ! $97.67M
Open High Low Value Volume
2.4¢ 2.6¢ 2.4¢ $273.1K 10.95M

Buyers (Bids)

No. Vol. Price($)
1 565078 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 2657646 5
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Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
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