BCN 0.00% 2.5¢ beacon minerals limited

Ann: Jaurdi Gold Project - Ore Reserve Statement, page-33

  1. 5,616 Posts.
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    As David Morgan said.. a bigger resource is literally a case of more drilling, virtually unexplored tenements = huge resource upgrade.

    We are going to soon have a building war chest ready to partially on --- extensive drilling will surely prove up a far far bigger resource.

    I think our directors are already thinking one step ahead, getting resource Jorcs etc to telegraph upside to the market is likely not the key item on managments agenda as per this. I think the rerates will come when the money is in the bank and bean counters cannot ignore the money making enterprise we have here. Probably still the best stock to be accummulating imo given current SP, risk and future upside and returns in the way of dividends.

    Options at .016 are insane value.
 
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