BCN beacon minerals limited

Here is my hope on the reverse split. BCN is super anchored....

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    Here is my hope on the reverse split. BCN is super anchored. People's minds are anchored to the idea that it is a high .02s stock. That even if gold went to $3500 an ounce or something absurd like that, BCN would still stay in high .02s, oh, that happened. Or even if they drilled a bunch of high-grade, it would still be high .02s, oh, that happened. But if it hit a bunch of high-grade gold holes right at the surface, that surely would break the high .02s mind anchor—no, that happened too.

    So with a reverse split, guessing the company, if they want the stock to go up (there is some question about that here), a reverse would break the anchor. If so they need a catalyst too. That could be putting out good Q2 production #s and maybe their cash balance at the same time as the reverse. Those 2 numbers should be way better. Then talk up their wonderful Q2 and big high-grade discovery and Timor.

    In terms of a producing gold miner that has ignored the huge gold rally, BCN is #1 that I know of. Anyone know of another producer that has ignored the gold price as much as BCN? Please do post, as I am curious about such stocks. Cheers
 
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(20min delay)
Last
$1.32
Change
0.010(0.77%)
Mkt cap ! $138.9M
Open High Low Value Volume
$1.31 $1.32 $1.30 $54.22K 41.45K

Buyers (Bids)

No. Vol. Price($)
1 46 $1.31
 

Sellers (Offers)

Price($) Vol. No.
$1.32 11688 2
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Last trade - 16.10pm 28/07/2025 (20 minute delay) ?
BCN (ASX) Chart
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