It really does sound insane to be worried about the gold price being low at $4050 - but then again BCN have given us cause for concern with a ludicrously high ASIC last quarter. Admittedly it was for unexpectedly large overburden, too much rain and presumably low grade ore that was hard to process.
I highly doubt we will have operating costs anywhere near $4000, should be $3000 max leaving us oodles of room to profit here with grades certain to increase. BCN has screwed the pooch last quarter but im banking they are too greedy to lose any more equity here.. i think they managed to snag a bargain with the lastest raising noting they personally mopped up a large chunk of the shortfall they managed to increase there overall % ownership if im not mistaken, + all these free oppies which i just know they want to get in the money in the next few years.
I don't believe trump is the messiah and given all the free money and tax reductions more inflation is on the wall.. Gold is ear-marked to hit $5000 US no worries, just short term its not looking that way don't worry America will not be allowed to repair its dire financial situation as it will never get voted over the line.. remember the senate must pass everything.. lol good luck Elon.
Ann: Beacon's Resource and Reserve Statement 2024, page-23
Add to My Watchlist
What is My Watchlist?