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6.5¢ beadell resources limited

Ann: Toronto Listing Update, page-43

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sircorp

8,355 Posts.

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30/06/18

14:02

Post #: 34057458
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Originally posted by sircorp ↑

Agree 100% with worzel1
..
" If you have money you get told what's going on in detail, small shareholders get treated with contempt"
..
Between Dec and Mid of March, some very large trades were going on, it mean some of the INSTO were informed cash shortfall and process for CR was placed in place. Generally a company will approach month in advance to INSTO for small parcel placement. If they refuse, CR process start. Hence INSTO showed no interest in small parcel placement, hence they started selling and price started crashing non stop including a large selling between 11 to 12 cents.
..
..
Only thing count is Gold Sale and Cash in Bank. Obviously they increased the CASH by almost 20 million through CR, but HOW MANY UNPAID INVOICES ARE THERE, I DOUBT A LOT

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If there was ever a Prize for misleading the market, I am sure "Beadell Resources" will walk away with Nobel Prize or Gold Logie..

"Beadell Resources inks maiden 209Mt at 36.1% iron JORC Resource in Brazil"

Link below ...

http://www.*.com.au/companies/news/...t-361-iron-jorc-resource-in-brazil-19065.html

BDR Price at posting: 6.7¢ Sentiment: Hold Disclosure: Held
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