Damn right albatross, 43 cents to 26 cents in 3 weeks and then a 22 cent capital raising.
What a complete sham our financial system is, totally corrupt, and everybody knows it, and no-one, not politicians or governments or anyone else will ever do anything about it, because those in power are wealthy, and the wealthy make the rules of the system, with only one aim in mind, to transfer your money into their increased wealth.
It's a simple premise actually, when you think about it, and it's been the same as long as humans have resided on this planet. You could say that as a species, those who attain power, are genetically wired to pursue these goals. Even in Communist societies, the richest people are the leaders, who clandestinely channel corrupt wealth into secret overseas bank accounts. No form of human society has ever been immune, as yet.
As for BC8, well .... they actually haven't gone very far have they?
They had an IPO in 2018 at 20 cents, so in five (5) years they've almost gone nowhere, but more importantly, in five years they haven't even produced one (1) ounce of gold yet.
They have bought some projects though, off NST, so let's hope these turn out to be a turning point for the company.
This mob don't move very rapidly though, they've had a wonderful five (5) years of great salaries and benefits without producing even an ounce of gold. It's been a wonderful lifestyle for them so far, including conventions, and cars, and phones, and mansion homes in rich leafy suburbs by the river and sea, food at 5 star restaurants (aka for business meetings of course, including the champagne) and all kinds of other additional benefits, all paid for over five (5) years (so far) by you wonderful supportive hard working mum and dad investors, honest folks who supported them through Covid, and now inflation and rising costs of living, honest people, many of whom are now struggling.
Personally, I think if these guys have a conscience, then it's about time they started to repay some of these mum and dads for all the gifts these guys have been given by them over the past five (5) years.
Personally, I think it's about time they produced an ounce of gold !
I'd say it's long overdue.
As for my criticism today, I'd say that sometimes a bit of "truth telling" doesn't hurt.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)