BC8 - Black Cat Syndicate
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BC8 finished @ 0.365c +14.06%
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BC8 Share Technical Analysis | Black Cat Syndicate Limited
Current Technical Analysis and interactive chart for $BC8 stock / shares. See the current trading strategy, trend(s), rating and buy and sell signals.
rcw1 was waiting for your post... great work Telamelo.BC8 finished @ 0.365c +14.06%
BC8 Share Technical Analysis | Black Cat Syndicate Limited
Current Technical Analysis and interactive chart for $BC8 stock / shares. See the current trading strategy, trend(s), rating and buy and sell signals.
View attachment 150761
Kind regards
rcw1
picked BC8 in 2023 cy tipping comp. since am bullish on gold (with plenty of news flow/catalyst's expected in 2023)
bc8.com.au
Home - Black Cat Syndicate
bc8.com.au
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Blackcat lost me when they said:
They must really take investors for mugs if they think photon re-assaying samples is going to give them a significant change. Unless you are re-assaying for a different element, or you are re-assaying tailings from a mine shutdown in 1995, I question what you are actually trying to achieve 're-assaying' recently drilled holes? and does this mean that they are now sending off samples to two different laboratories and then picking the assays which come back with a higher grade? If so, that is a slippery slope.
BC8 has some interesting prospects around the traps but there is still a lot of announcement hype. They need to focus on getting something into production to create shareholder value. The statements about growing their global resource to 2 or 3 million ounces are concerning. Doesn't matter if they have a trillion ounces - If it's spread across multiple deposits which are not being mined then who cares? It's about making money. BC8 trades at a premium because a lot of investors think these guys can get mining and unfortunately, I suspect they risk falling into the 'trap' of always assuming their share price should be higher because of 'who we are' and as a result may actually destroy shareholder value. Cash balances last quarter were about $13 million, and they've now got 2 operations in care and maintenance. Going to need to raise capital soon and they've already raised $65 million in the last two years.
BC8 great start this morning @ 0.40c +5.26%this time am expecting sp to push on higher from here imo
***not investment/trading advice per say
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Good luck with it Telamelo. Sure has failed to fire so far.
Thanks mate.. so far so good as BC8 @ 0.44c +15.79% this morning Cheers ?
BC8 keeps building now @ 0.455c +19.74%! on huge volume/momentum
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You're vindicated @Telamelo
Nice pop above level resistance, relative high volume for this stock.
High grade u'g core to the new Coyote resource estimate and only down to 400m depth. Half is in indicated category. Already got their mill, albeit small, and rest of the mining infrastructure.
Might have cut my nose off to spite my face with attitude to this company.
Held
Nice pop above level resistance, relative high volume for this stock.
High grade u'g core to the new Coyote resource estimate and only down to 400m depth. Half is in indicated category. Already got their mill, albeit small, and rest of the mining infrastructure.
Might have cut my nose off to spite my face with attitude to this company.
Held
BC8 article well worth a read
https://mining.com.au/black-cat-syndicate-increases-mre-at-coyote-gold-operation-to-356000-ounces/
