BCN 0.00% 2.3¢ beacon minerals limited

Ann: Mining Approval Received from DMIRS, page-5

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  1. 490 Posts.
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    Some changes in the buy/sell lines today with a 17 million share order placed at 1.5c, or $250,000 in dollar terms. The 1.6c got sold into a bit today but technically the support should be there at these levels as anticipated.

    The last time I saw an order this size in the buy line was when they announced the capital raising, and as a result the stock never went below the issue price.

    Auger sampling on the P/16's tenements according the the last Jaurdi Update should've been completed around a fortnight ago. In July last year a similar size auger sampling program was completed and the results were released around 1 month from the samples being submitted. So hopefully we get some of the P/16 auger results within a fortnight or so from now. Looking for an indication of continuation of gold mineralisation between Lost Dog & Black Cat.

    GLTAH
    Kirk
 
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