BCN 0.00% 2.6¢ beacon minerals limited

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  1. 5,620 Posts.
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    Gold finally smashed through $1800 US for the first time in a long time.. and with a massive amount of fiat currency debt created in proceeding decade.

    Should boast really well for BCN.. but so should

    - Being debt free with a massive war chest building in Q3
    - Having an AISC lower than $1000 with an eye to get it under $850 - PROFITS AROUND $1800 PER OUNCE
    - Resource and LOM upgrades with possibility of blend from Panther to massively increase GRADE (grams of gold per tonne)
    - Future dividends further incentivising the long hold given track record and alignment of board.
    - Future aquisitions and expansions
    - ASX 200; ASX 100 -- 1B MC -- sky is the limit.
    - Most experts think the US$ will go higher (ie: Gold up in AUD) and that Gold will continue to go up as currencies are devalued through massive dilluition meaning more fiat is chasing each ounce of gold in existence.

    Go BCN you beauty. I know the fundamentals and where the board is taking us, macro is perfectly aligned for this project.. its a wonder to hold. Hoping to add more really soon.
 
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