By the wayI don’t recall making a statement that I have never held.
Well, Iguess you and I can agree to disagree you are entitled to your opinion as I ammine and I wish you luck.
“I amfree-carrying my shares”.
Congratulationsfor the free carry status if true in my humble opinion it would take a real geniusto achieve that given the ASX price chart for BCM over the last five years.
asxbcm price chart live - Google Search
For the momentlet us forget about the 10–12-ounce p/t gold ASX announcement and consider someother views that helped to misinform investors regarding the long promisednever delivered trial mining pilot plant.
Here are afew previous posts from the alleged geologist Midnight26. 05/10/2018
100% ore! Avg 40g/t Au 1km x 200m to EOH all holes, OP mining 2019
First 4 holeswith results to EOH all mineralised to EOH: 44m@54g/t, 24m@45g/t 22m@28g/t Au26m@15g/t,.
No barren fresh rock encountered yet - lowestgrade result 1.6g/t Au!
19/12/2018 Funded foranother 6 months to the plant build with minimal dilution (2.5%).
03/12/2018 “Holy crap!26 pages!”
“A CLEARSTRATEGY TO PRODUCTION!”
It includes a diagram and flowchart for the pilot plant and timeline 2019-2020.
Of course, manyhere will say that the subject matter outlined above is all ancient history. The beauty of history is it is always there in black and white and in the public domain for all to see.
“Those who do not learn history are doomed torepeat it.” most likely writer and philosopher George Santayana who originally wrote, “Those who cannotremember the past are condemned to repeat it.”
The ASX announcementrelease of 30th October 2024.
Once againit is full of information and promise complete with photographs of a pair ofhands in blue gloves holing some beach sand. Not as dramatic as the pictures from 2018 of the gold PGM meatal beads on the lab scales. However, if it helps shareholders feel warm and fuzzy or more importantly for them to throw good money after bad then it is not a bad effort.
There is plentyof information in public domain to assist people with their own due diligence. Please recall all the previous announcements from this outfit from 360 g p/t gold, the silver bonanza, talk of a pilot plant and other supportive insights to entice investors have so far to date two common factors.
1. None of the bull dust stories ever reached fruition. No pilot plant, no gold.
2. The signature on the bottom of theC.P statements.
30thOctober 2024.
CompetentPerson Statement:
The information in this report that relates to exploration andmetallurgical results released by the Company
to the ASX on 13 March, 22 April, 7 May, 8 July, 2 August, 6 August, 21August, and 8 October 2024 is based
on information compiled by Mr. Antonio de Castro, BSc (Hons),MAusIMM, CREA, who acts as BCM ́s Senior
Consulting Geologist through the consultancy firm, ADC Geologia Ltda.Mr. de Castro has sufficient experience
which is relevant to the type of deposit under consideration and to thereporting of exploration results and
analytical and metallurgical test work to qualify as a competent personas defined in the 2012 Edition of the
Joint Ore Reserves Committee (JORC) “Australasian Code for Reporting ofExploration Results, Mineral
Resources and Ore Reserves”. Mr. Castro consents to the report beingissued in the form and context in which
Perhaps amore general question could be would you buy a secondhand car from this well-qualifiedaltruistic gentleman. I know my answer.
After the transitionfrom gold to PGM’s then abandoned and the latest pivot to REE’s, I dare say ifthe RRE’s gambit fails, they could always announce a large natural Hydrogenresource.
Hydrogencars: are hydrogen fuel-cell cars the future? | Auto Express
Cheers.
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