BCN 0.00% 2.5¢ beacon minerals limited

lets begin the next chapter, page-62

  1. 5,904 Posts.
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    in that scenario.. take divvies til the gold runs out... all the gains from divvies would be negated by the fall in SP, and he has added plenty above 3c
    unlikely to get taken over until we have at least 1m ounces.. i doubt very much that is his mindset, especially with opening new horizons like Timor East

    id say they are working their arses off to build that LoM, and they dont care about the SP because they are in for the long haul, and its only if they plan to sell up and retire that they would want to pump the SP.
    I think they have been unlucky not go get more/bigger wins out of drilling for organic growth biut it hasnt been for a want of effort

    what will be the next driver is when the realization that general stocks are going nowhere for the next decade plus and money starts to seek out hard assets, that will completely change interest in our company and a much higher gold price will also pay for more aggressive expansion, whether it be locally or over in TE
 
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