Yep gold jut smashed another ATH in AUD $3133- previous quarter...

Yep gold jut smashed another ATH in AUD $3133- previous quarter i expect we spent more with machinery purchases and our average grade was lower and we had more difficulty extracting it.. im expecting better numbers this quarter.. if we can get some 2g/t paydirt the profits will effectively double -- we should be looking at better numbers in our future.

I can understand managment wanting to buy cheap shares themselves rather than doing buybacks but we are all suffering in this weak gold stock market... in stark contrast to physical gold which has rewarded holders VERY well the last few years doubling in price and premiums above spot also increasing.

The market dosent rate Beacon or its managment but it is a great money making company in a sector with very strong profits vs expenses and a robust commodity price. Once crypto crashes to the wall we will see serious renewed interest in real asset groups (ie: btc is a simulation of gold mining recovery -- lol ill take the real deal for 25x cheaper thanks!)