BC8 2.78% 37.0¢ black cat syndicate limited

Ann: Trading Halt, page-18

  1. 12,057 Posts.
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    I think you’ll get twice what you paid this year if you wait. Bc8 is clearly heading towards production and should blow through the million ounce mark. They have the immediate open exploration potential to do that easy enough imo. Gold is in uptrend and Bc8 only has 106m shares on issue with $13m cash. The math is on our side. The Day to day share price is any ones guess but we have hit the dollar mark. Once we break that, she’s off again. The company has a major land holding in one of the worlds best gold areas. It would be wishful thinking for any company to pick this sort of ground up in this gold market now. Management have pulled off a miracle as far as I’m concerned. I’ve seen many companies over the years do IPO’s with just some of the ground they own without a resource on it. As we see gold climb higher, we will start seeing some based on land holdings with basic work completed.
    I am looking forward to the Fes numbers around Myhree and for the drilling to get up a gear at Fingals.
    If I was a mid tier miner looking for a major footprint with a decent resource, Bc8 would be my lunch. I buy stocks that tick about 8-10 key boxes and Bc8 ticked the lot for me. The only wild card we all live with is Mr Market. That’s why it’s better to make sure the company ticks the boxes. Dyor.
 
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Last
37.0¢
Change
0.010(2.78%)
Mkt cap ! $139.8M
Open High Low Value Volume
36.0¢ 37.5¢ 36.0¢ $183.7K 501.3K

Buyers (Bids)

No. Vol. Price($)
2 11322 36.5¢
 

Sellers (Offers)

Price($) Vol. No.
37.0¢ 29679 1
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
BC8 (ASX) Chart
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