BCN 4.00% 2.6¢ beacon minerals limited

theres a few things starting to crack, SILJ/GDX has broken out...

  1. 6,221 Posts.
    lightbulb Created with Sketch. 685
    theres a few things starting to crack, SILJ/GDX has broken out as a well
    there are still a few more things that need to break out too... AUD/USD is the main one needs to break its downtrend since the GFC.. and the way the USD is going.. it could come pretty soon
    AUD/USD monthly
    https://hotcopper.com.au/data/attachments/6458/6458803-35e291b39c62ee052fd36d38a5e4cb5e.jpg


    @LongtimneW .. i think youre being overly optiminstic on the $50kpa profit, at least in the near term, in that we will have reduced prodcution of our own ounces due to GeoLam ounces.. $30kpa while thats going on might be closer to the pin.. so long as oil behaves.. i think it will, i think there will be a slow down / recession acknowledged in the next 6 months.. or at least acknowledge an economy that has sectors in that state.. clearly the military industrial complex will never be in recession.

    I think the US is going to be hurt the most by the next wave of inflation.. USD down, commodities up (even if there might be a short term dip during the next year
 
watchlist Created with Sketch. Add BCN (ASX) to my watchlist
(20min delay)
Last
2.6¢
Change
0.001(4.00%)
Mkt cap ! $109.8M
Open High Low Value Volume
2.6¢ 2.6¢ 2.6¢ $97.87K 3.796M

Buyers (Bids)

No. Vol. Price($)
4 2700000 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 2181315 3
View Market Depth
Last trade - 16.10pm 24/01/2025 (20 minute delay) ?
BCN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.