BCN 0.00% 2.4¢ beacon minerals limited

perfect storm

  1. 142 Posts.
    To all holders of BCN.

    Whilst I am no expert I believe that we are in a situation akin to a perfect storm with the following factors contributing:

    1. BCN is now a debt free company with cash in the bank.

    2. An initial jorc estimate is due to be released by the end of this month.

    3. Drilling is being conducted as we speak in exciting areas.

    4. The price of Gold is continuing to rise (currently at 1165.62 US).

    5. They have the stated intention of moving from explorer to producer in the near future, which I believe will happen.

    6. The company conducted the SPP in a manner that in hindsight shows that they must have already had some solid support from investors to take up any shortfall. I take this to mean that the company are confident in their future.

    All of these are coming together at the same time and IMHO are creating a situation which will see BCN make some serious gains over the next 6 months, let alone some substantial gains in the next few weeks.

    GL to all holders, trade your BCN's according to your own plan, trade and let trade, make money.


 
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Mkt cap ! $90.16M
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2.5¢ 2.5¢ 2.4¢ $15.19K 632.2K

Buyers (Bids)

No. Vol. Price($)
2 91116 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 1278537 3
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Last trade - 15.35pm 30/07/2024 (20 minute delay) ?
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