BCN 4.17% 2.3¢ beacon minerals limited

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  1. 12,605 Posts.
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    read all my old posts as well Dynomite:

    Rock and a hard place


    Have not held back at bagging the current board for procrastination and possibly waisting money

    However - looking at "figures" being published (to be fair: questionable on both sides of the fence?) indicating of what it might cost to get to the resource BCN/3 Amigos/RMS know/think is in the ground:

    If enough SH are happy to put another 2/4/?/million into BCN kitty with a new board - fair enough

    Dilution of 20/40/?/ % ??

    I'm not

    I prefer to hold the current board much more accountable - and I have the impression they realise they are under scrutiny - and already have strike 1 for remuneration.

    On a plain financial level:

    Sale of ML is the only way I see getting my money invested in BCN back in the medium term.

    As I've always said: Just my opinion/gut feel

    You make up your own minds - read my disclosure: what do I know ???

    (but I do talk to people who seem to know )

    And just to please you: Yes I hold RMS (not much longer looking at their current decisions) and whole bunch of other gold stocks

    Majority counts at the end of the day - and I doubt the majority of SH are influenced by HC ( If Darryl told me correct numbers in excess of 3000 individual holders)
 
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