BCN 3.85% 2.7¢ beacon minerals limited

Ann: Notice of General Meeting/Proxy Form , page-8

  1. 5,930 Posts.
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    Hi Beavis, I think they mean, the whole tenement's prospectivity will be raised in value with proved gold at depth as opposed to the increase of royalties from the ML area.

    While I agree with your frustration, MD2 is right, are these just oportunistics looking to milk the salaries & do sweet damn all for us, bar a pump & dump maybe?

    It would seem if they want support they'd better show a comprehensive plan on what direction they want to go, on the other hand the current trio going walkabout in Africa isnt inspiring either. I still cant understand the benefit to BCN shareholders of tying up cash in the CSD investment, with gold prices heading the way they are, we surely werent far off a resourse to justify a mill.

    The newbies wont gain support out of saying they'll mothball us & slash spending, if they said they have/are a cornerstone investor that wants aggressive exploration to get us to production, then we have a different scenario.

    They must have something up their sleeves, & will have to put it on the table soon, if they want any support.
 
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