BCN 0.00% 2.4¢ beacon minerals limited

Ann: Jaurdi Gold Mine Officially Opened, page-56

  1. 5,053 Posts.
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    Great finish mcgaffen...
    Heads up 5 pips for 14.3%
    Tails up 3 pips for 16.7%

    Great when the rest of the market is tanking.
    To think- those that bought at 2.7 have just made 48% on their cash- better than bank rates- and the old adage- buy the dips really rings true!
    Not really a believer that shares like BCN doesn’t have some impact from people in the know- seen it too many times on the ASX where shares been sold down or bought up- just before the Ann. To believe our ASX market is not manipulated by some inside info- from the delivery man/lady, to friends of friends, to people in the office, lab- just my doubting mind doesn’t believe.

    The other side of this is- 4 cents is fair value, people also buy in before the results of drilling, etc, so due a little rerate anyway.
 
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