Ann: 6m @ 75.57g/t Au from 49m at Fingals Mining Centre, page-28

We won’t see a placement to the public imo. They have a track record of putting them away to high net worths and funds. Petra is an example of the direction Bc8 is heading and it seems to be away from retail even more. The stock has been relatively stable in the 70c range for approx 6 months. I think people that have sold this thinking a discounted placement is coming don’t understand the companies track record. Bc8 is not run by life style directors. They are major shareholders who do strategic placements from what I’ve witnessed. Given the pace of growth here and the fact that news is ongoing, I think Bc8 is at a tipping point where the shareholders continue to change. The retailers have endlessly drifted out into some larger hands from the start and the register is far better than most emerging players. SLR and the recent director appointment are both large shareholders.
for those who have yet to visit the Petra website, take a look. They are insto/ fund based group. That sort of tells me what I want to hear. I am personally just hanging for the next phase of growth. Dyor.