BCN 2.13% 2.3¢ beacon minerals limited

The company has said numerous times that there will be no JORC...

  1. 153 Posts.
    The company has said numerous times that there will be no JORC upgrade this year. First quarter next year at earliest.

    Today's SP movement has followed the same pattern as that following every recent announcement and it goes to show you that many people don't understand what they a buying with BCN.

    Contiunally people are waiting to hear the magical 300oz JORC no. It's not going to happen this year!

    What we do know is that the company is progressively exploring ther tenament and setting themselves up to start mining ASAP next year once the oz's are proven. The gold they have is shallow and the announcements to date have been encouraging without setting up false expectations.

    Anyone looking for a quick $$ with BCN will be disapointed. Those that are patient and hold for the medium term will be rewarded IMO.

    The best announcements we can hope for this year (apart from further drilling results)is that the mining licence has ben approved and that a plant has been secured/toll treating facility identified should they need it.

 
watchlist Created with Sketch. Add BCN (ASX) to my watchlist
(20min delay)
Last
2.3¢
Change
-0.001(2.13%)
Mkt cap ! $86.40M
Open High Low Value Volume
2.4¢ 2.4¢ 2.3¢ $13.00K 561.5K

Buyers (Bids)

No. Vol. Price($)
3 1897149 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 804066 7
View Market Depth
Last trade - 13.36pm 30/08/2024 (20 minute delay) ?
BCN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.