BCN 0.00% 2.5¢ beacon minerals limited

Ann: Trading Halt, page-16

  1. 5,616 Posts.
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    Gold is still cheap? $2595 per ounce is pretty damn expensive in my book - heaps of room for mega profits for any miner with lowish AISC's. I figure you must be extremely bearish on the AUD$ and bullish on the gold price.. as am i, but i dont take $2595 for granted and acknowledge for BCN these are extremely robust conditions as a company to prosper and make sweet sweet profits.

    Seems like this halt, though ill timed (as i figured we would run today) is another milestone weather to expand in Timor Leste or build book ounces nearby to appease the bean counters. Either way it's great to see and hoping there is still some cash on hand to give us some tax tree pocket money until next year.

    Should be a good Q4 for holders and with any luck a great one!
 
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