BCN 0.00% 2.9¢ beacon minerals limited

It is frustrating. I am wondering if this slump is due to the...

  1. 180 Posts.
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    It is frustrating. I am wondering if this slump is due to the company waiting until at least the end of September to find out if they’ve been allocated any blocks in TL. If so they will need millions for drilling, overheads and bribe money, so we may not get a dividend for ages yet. With the cash they’ve got they could pay a .2c dividend tomorrow, but it’s all this uncertainty.
    Also waiting on more drill results from Jaurdi.
    It does seem crazy that with about a billion dollars of proven gold reserves we have a market cap of only 90 million.
    I am good at being patient, but man, this is ridiculous.
 
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