Ann: Beacon Acquires MacPhersons Reward Project, page-37

I don't really see what SaberX has said that has kicked the hornets nest so much. I own shares in the company and a lot of what he said today, I was thinking the same things this morning when I saw the news.

$14m is very cheap price to pay for 347koz of gold at a quoted AISC of $1340 with the current gold price (based of the PFS from Primary Gold a few years ago), I was pretty curious as to why China Hanking would accept that. They mentioned in their Hong Kong announcement that they wanted to focus on their gold project in the Northern Territory (which is a much bigger project), maybe they are planning to use that money to develop that project.

I quite enjoy reading SaberX's posts though, it's good to look at a devil's advocate position from time to time, I don't think he's downramping at all.