BCN 0.00% 2.3¢ beacon minerals limited

Ann: Trading Halt, page-35

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  1. 6,059 Posts.
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    doesnt that show the upside, that you are at the early stage of the growth curve of the company
    not in the magazines, not in diggers and dealers, not in the asx 200, too small to be a T/o target of the seniors

    we are the early believers in the mgmt team growing this company in the manner they have stated their goals.

    I thought while we are paying all our profit in divvies and while we arent significantly growing our resource it would be fair to say that the SP should be in cross trend, however if we have added significant ounces even by buying rather than discovering.. then that gives a fundamental reason to rerate as a growth stock rather than a cross trending divvy stock with potential upside from exploration / underlying commodity trend.

    I thought we would probably continue in a sideways consolidation pattern like a 3-3-3-3-3 elliott wave.. but the last low has completed a 3-3-5 and if this is a major progress in increasing our assets, then thats a fundamental reason to match the start of a major wave 3-3 advance

    https://hotcopper.com.au/data/attachments/3499/3499831-3c6cf7d1d47a988d14dc73edabf75c50.jpg




 
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