I like boring, long term, low downside, profitable companies. If this mini gold plant can only produce 2300 oz a month, is the following possible
1) we only ever produce 2300 2) just just slowly find enough oz to replace what we produce 3) we do this for 20 or 30 years.. same old same old, year after year 4) Jim Rickards prediction of $12,000 to $15,000 oz gold by 2026 happens
...therefore the monthly profit FOREVER is 5 or 6 times what it currently
....therefore the share price should increase many times and we get a dividend
If you have no debt (from NOW) and you make a profit each month, surely you just keep doing THAT.
BCN Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held
