BawelIt's going to be boring for long periods with this stock,...

Bawel
It's going to be boring for long periods with this stock, IMO, and many have therefore commented on the need to be patient.

To state the bleeding obvious, Gold is not like gas, it does not sit underground under pressure and come pouring out through a 7" pipeline. It take a lot of exploration, equipment and mining, even if it is shallow. Here we are still at the exploration stage, with only 5% of BCN territory drilled to a depth of no more than 100 metres.

Everyone is waiting for the JORC later this month (if we're lucky, that is), which we hope will show how rich the Haleys East section is. That will bring BCN to life temporarily, but then the fund raising already mooted will start, in order to finance the next stage of drilling. If that shows up similar results to the drilling so far, I think the market will start to wake up.

I'm in for the long haul with a bucketload of BCNOA options, so it's easy for me to be patient, at least to August next year. That may not be the case for day-traders, unfortunately.