Seriously under valued.
https://www.bloomberg.com/news/articles/2019-09-16/china-gold-is-hunting-for-deals-worth-as-much-as-2-billion
In my opinion China need to get rid of 1 trillion $US ASAP, before the fiat worthless piece of paper implodes.
Buying gold also secures their ambition of becoming a new reserve currency.
If you were in Europe would you put your money in the bank, at neg interest or buy gold?
Negative rates are coming to Australia and NZ.
The choice is yours , own gold , gold shares or face the prospect of owning a worthless piece of fiat paper.
My choice own gold and gold companies like BCN
Does this put BCN on the Chinese list or is it to small? hmm.
Hope not, would like BCN to run its course. Seems to cheap to be true.
Seriously under...
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Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $101.4M | |||
| Open | High | Low | Value | Volume |
| 2.6¢ | 2.7¢ | 2.6¢ | $6.823K | 262.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 252369 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 5057946 | 5 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| BCN (ASX) Chart |