BCN 4.17% 2.3¢ beacon minerals limited

ann halleys east rc and diamond drill results, page-7

  1. 840 Posts.
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    Morning Reiner,

    Good results yes, but nothing we didn't really know. Nice little pump for some stale holders to exit around 0.8c and probably back down to 0.6c in the near future.

    We all know, it's the lack of funds hanging over BCN's head thats causing the damage with more than likely serious dilution to come.

    To me the one positive is confirming what we suspected in that the resource does run deeper with more drilling to test that. (Good hits with the diamond drill from 100mtrs)

    Still think RMS were the team to try and get that deeper resource out, and would have been happy to be sitting north of here share price wise with no potential dilution..
 
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