BCN 0.00% 2.9¢ beacon minerals limited

The price is what you pay, the Value is what you get. When the...

  1. 5,612 Posts.
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    The price is what you pay, the Value is what you get.

    When the SP goes down yet cash builds, Gold goes back over $3000 and we have a situation where directors are running the company like its private happily accumulating at lower levels knowing the Value has increased and with what is known about our resources and future prospects id say it was obvious management wanted this private 3 yrs back, now days with a retreating SP and the risk long gone just a cash cow remaining. The Fact i don't have spare cash to accumulate also is the real shame here.

    If you had no intention to sell but did intent to accumulate knowing how good the future will be, why would you look to push the SP higher or attract new investors? Obviously you wouldn't and we have not.

    I got hurt anticipating a dividend which never came and now with this SP yes it hurts on paper, but looking around most stocks are getting squeezed hard, its just this has a strong and profitable business model so as stated above is just better value the lower the SP drops given cash generation based off 1g/t the future must surely be a fantastic one.
 
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Mkt cap ! $108.9M
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2.9¢ 2.9¢ 2.9¢ $2.755K 95.00K

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No. Vol. Price($)
12 3625016 2.8¢
 

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Price($) Vol. No.
2.9¢ 20765 1
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Last trade - 12.43pm 06/05/2024 (20 minute delay) ?
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