Hi guys, yes I should have phrased it differently, what I meant to say that daily fluctuations in this years price are irrellivant, People generally do their F/A with a decent bit of margin. If gold were to fall under 1000/oz then obviously that would change the picture as med &/or long term trend would no longer be up. But that brings me back to my original point that it's only long term sentiment that matters until we move to production.
Personally I dont revalue BCN on a weekly basis, I simply have in my mind that gold will be well over 1100 come production & that we will have 300 - 500k oz's. Only changes to timeframe for prod startup, est reserves, major movement in gold price confirmed will really change my sentiment. I think it would take a very strong dip in gold price to significantly affect feasibility.
The continued gradual SP growth is a very encouraging sign, there is no shortage of buyers accumulating this stock, staying well above it's trendline. Will be nice to see some tasty drill results to keep the momentum building. Not convinced we are quite ready for a big breakout next week (still think we'll be 5c+ by mid year), I'll have to join Wilbur in churning/converting those oppies till they're all gone :), What will you do without the oppies Towie? :)
Hmmm beer o' clock, GO BCN
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Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $97.67M |
Open | High | Low | Value | Volume |
2.6¢ | 2.6¢ | 2.5¢ | $26.10K | 1.008M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1354503 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 170096 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1204503 | 0.025 |
7 | 1183410 | 0.024 |
3 | 505869 | 0.023 |
2 | 1125000 | 0.022 |
3 | 299000 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 170096 | 1 |
0.027 | 927406 | 3 |
0.028 | 9807869 | 6 |
0.029 | 2780433 | 8 |
0.030 | 6343535 | 13 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
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BCN (ASX) Chart |