bcn is by no means a star when looked at from share price perspective. The gold sector period is a poor performer. Gold will shares will have there day and I feel sooner than later.
but gold is not an investment it is an insure policy so it gives you the ability to source capital in periods of bad times. If or when bad times come gold value will not be tied to the paper market and demand a higher relative price which will feed into share price. In bad times where there is no trust who will accept paper shit. Nobody is my answer Comex and lme can rest together in the history books
bcn has 6 year mine life, no debt, no hedges. And a proven ability to operate.
this insurance policy costs me nothing and I personally intend to come out of this next down cycle with a lot more than than the average joe but cannot do it without access to capital. At the bottom.
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Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.2¢ | $52.05K | 2.366M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1323655 | 2.2¢ |
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Price($) | Vol. | No. |
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2.3¢ | 1279120 | 7 |
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2 | 1323655 | 0.022 |
11 | 2474353 | 0.021 |
5 | 3591841 | 0.020 |
2 | 46368 | 0.019 |
2 | 188000 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 1279120 | 7 |
0.024 | 2196666 | 6 |
0.025 | 1441945 | 3 |
0.026 | 2067322 | 4 |
0.027 | 83333 | 1 |
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