BCN 3.85% 2.7¢ beacon minerals limited

is cash backing 0.5c now?, page-59

  1. 5,619 Posts.
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    Hi Bullish Bob, yes that is true right now... but they are spending that cash backing every day, with no assets or a promise of an acquisition I can see why people are dumping BCN and walking away.. TBH the "hope" has diminished again with only long termers and punters still holding.. I still hold a small position, if it was large I would of long departed.. back to break even and looking at a loss if I sell here so not exactly a good buy.. I was surprised to see all the buys at 0.5c now gone but I guess people just cant wait years when the rest of the ASX is moving along at pace.
 
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