It is now apparent to the extent of short term holders that made up this registrar.
Guess it was the mine opening news and open day bhype that drew these guys in and in under a year they are out at a loss..
Some panicked due to 2 down days for us stocks, some couldn't resist he grass being greener for other Goldie's etc.
Value proposition even better today...
SP down to 3.3 from 3.6
Gold up $50 in Aud
BCN is another day closer to becoming debt free, and proving up a bigger resource and LOM..
who knows what other tasty treats are being cooked up for us.
My conspiracy is board is keeping the price down using algo bots with a hope to take this private... Cheaper shares increase there chance in buying all the stock.
Why share the supernormal profits with scummy people when they can keep all the revenue and run the mine the way they want to best maximise profits for themselves and to enrich the community and those with equity.
I don't see any chance a 3rd party could get this...nits being kept ugly to prevent a big dog sniffing around.
I'd say now the majority of the headless chickens have moved on chasing El Dorado.. just in time for the rerate looking at he catalysts.
I might snag a bargain packet today .. so much fear here if you believe he posts and SP .. I don't even see it so perforce this as a risk free personal money press... just needed to know it wasn't a get rich scheme..just an honest supernormal profit generator in time.
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