BCN 3.85% 2.7¢ beacon minerals limited

Ann: Beacon Acquires Interest in the Lady Ida Gold Project, page-64

  1. 1,892 Posts.
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    Until we have higher grades guaranteed, no one cares. Someone's capping it, plus we still only produce 30000 ounces a year give or take. It's not exciting to anyone. You can get a similar return in blue-chip shares or the bank and it's safer. That's where we are right now. We are trading under our actual value, but who wants to buy into a share that isn't going to go up for the foreseeable future? No one. You're better off trading actual gold at this point. I know I said I was stubborn and was sticking with this, but even I'm getting jack of the bs. The directors, like directors of all good and bad mining companies, come first. They're earning everything they want, and they've got all the time in the world to wait for the share price to increase. We, on the other hand, don't. The only thing that will save the longterm holders over the next year or two and give us decent divvies is if gold really does shoot into space. Failing that, an amazing hit in TL should make a huge difference. If these things don't happen, our share price is going to float where it is like a dead fish.
 
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