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2.8¢ beacon minerals limited

BCN March Surprise, aka The Judd News, page-309

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Gary140857

417 Posts.

32

31/03/20

14:25

Post #: 43798145
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Originally posted by CHN: ↑

This is not a normal market so it is pointless to expect normal/logical responses.

I also own EVN and SAR and a few others.

Given that gold in $AUD is around $2700 per ounce these guys are making $1700 profit per ounce on arund 800k & 400k ounces
respectively. You do the maths. Their share price should be $10 plus but they are less than half of that.

However with money being printed now in almost unimaginable quantities the environment for gold could not be better and gold miners
are leveraged to the physical.

So when all the scary stuff settles down - and it will, then gold producers will be in great demand and in my view holders of
gold stocks will be very glad that they are.

Best of luck

Expand

$10 or 10 cents?

$10 would give them a market cap that is more than twice the Commonwealth Bank. 30 x more than Northern Star and about 290 x more than Saracen.

Gary

BCN Price at posting: 2.7¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 2.8¢		Change 0.000(0.00%)		Mkt cap ! $105.1M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	55504	2.8¢

Sellers (Offers)

Price($)	Vol.	No.
2.8¢	735758	4

View Market Depth

No.	Vol.	Price($)
2	55504	0.028
3	4279303	0.027
4	4075561	0.026
4	751000	0.025
4	1135833	0.024

Price($)	Vol.	No.
0.028	735758	4
0.029	5349958	14
0.030	6772192	21
0.031	315623	3
0.032	3500000	4

Last trade - 08.08am 04/06/2024 (20 minute delay)

BCN (ASX) Chart

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