BCN 0.00% 2.6¢ beacon minerals limited

RESOURCE UPGRADE IMMINENT, page-33

  1. 5,620 Posts.
    lightbulb Created with Sketch. 2195
    Likely so they can continue to accumulate on the cheap and eventually take project privateto keep supernormal profits for themselves. (the board - imo)

    Gold price locally is going great.. big profits here.

    Great time to buy Gold Miners who produce locally with a low ASIC and stocks have been down at the same time gold has risen $250 (since March this year).

    IMO - this is the time to buy stocks (not bullion) In March i would of said buy bullion (gold). Silver is still a strong buy if you can get physical close to spot in smaller forms (1oz, 10oz)

    I now hope for a dividend (over buyback), i have aligned with the boards objectives and am acquiring heads and converting options when i get spare coin (but if there are bargain silver / gold coins i still keep a look out and some cash spare!) hoping for fully franked this time round.
    Last edited by 1for1: 28/07/21
 
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