BCN beacon minerals limited

3 amigos , page-31

  1. 1,720 Posts.
    Hey guys you do what you do, I made my decision based on my own DD, you all do your thing based on your DD.

    There were people here putting out questions so all I've endeavored to do is put a little input into some areas that I didn't see well covered that's all.

    beavis to answer your specific..

    EMC2,

    The 3 amigos will "look into" selling CSD. I'm pretty sure they won't just offload it at any price.

    How do you calculate holding onto that investment could add 0.5c to each share? That's about $5m at current market cap. That would mean CSD will go up aboout 500% ???


    Well if they say they would need as much cash as possible to kick along mining how long would they need to offload CSD, I've already shown you a spreadsheet based on what has already occurred over the last 7 months, which is the time it's taken to move the number BCN have, add in another 16m in the same time-frame and it's logical isn't it that they will either kill the SP or they do it slower and take around a year or more... then they just get the cash in drips, not much good for their mining plans.
    Sorry this doesn't just line-up with what they are saying.

    Your next point, you may not know too much about CSD and what they have in the pot, or even their cornerstone investors, but that is exactly what I'm saying, I believe they are well aware when all ducks line up for them they should achieve a higher SP than the last peak, only when this does occur it won't peak then drop as production would commence.

 
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