I am cool with us making $1500 PER OUNCE! on these low grade nearby tenements for the next 10-20 yrs.
Nothing stopping our hotshot managment delegating the mine down to 2IC or 3rd IC and going and building a NEW MILL somewhere else for pennies on the dollar and having two working mines and mills..
I think your imagination is holding you back.. YES Panther is a better resource and we will make more money there off the high grades.. yes the bearby Jaurdi expansion likely will not excite the market but it will add resources at likely similar low grades..
When a computer algorthuym analysises this they are not capturing all the required information.. Our board are like a millionaire that understand how to become a millionaire again.. we can leverage our mine now and rinse repeat anywhere.. Timor Leste anyone? Or somewhere local.
Yes, lets let our hotshot managment continue to make the great calls.. you armchair quarterbacks probably should stick to what you are best at and let them do what they were born to do.
Wonder if this will private.. i am sure all these narky posts must be driving managment to want to cut others out of this amazing deal.. i know i am feeling like many dont deserve this.
Choose your next best bet, its going to get very hairy.. Gold and Silver should preserve your wealth.. i am in tune with this as a business.. not a stock that i have my daily way with like some of you lot.
People have a 1 minute time horizon to invest so its hard to get to excited by the panic when everything is going even better than i expected.. your guess of valuation and future resource is pure speculation.. i am confident that as before managment have everything well under control... i will not panic as there is absolutely no reason to. BCN is quality.
BCN Price at posting:
3.5¢ Sentiment: Buy Disclosure: Held
(20min delay)