BCN 3.85% 2.5¢ beacon minerals limited

Ann: Lady Ida Project Update, page-62

  1. 220 Posts.
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    Wow, what an incredible, textbook example of hysterical traders at work !!

    How is this company suddenly become a "dog" !!!

    Here is a company that has been steady producing the good stuff every quarter for the past few years, paying shareholders a FULLY FRANKED dividend, building its own plant, buying all its own mining fleet, employing scores of staff and at the same time increasing its land holding of very prospective ground.

    Contrast this company will all the heaps of other wannabe miners, spending years and continually milking shareholders for more funds just to keep their directors in their comfortable positions and with NOTHING to show for it!!

    How can Beacon be sold down nearly 20% on an apparent technicality with the ASX - seems quite unbelievable to me.

    A technicality that has held up a company making deal made by your hard working directors to secure over 300,000 ounces of quality GOLD in a very close-by location.

    Cheers!
 
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