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Barkerville Gold Mns Ltd BGMZF

Barkerville Gold Mines Ltd is a Canada based company operates in the business of Gold. It is engaged in the production and sale of gold, and the exploration, development, and acquisition of mineral properties in British Columbia. The mineral tenures cover approximately 2,000 square kilometres. The company primarily holds interests in Cariboo Gold Belt District, Island Mountain, Cow Mountain and Barkerville Mountain.


OTCQX:BGMZF - Post by User

Bullboard Posts
Comment by RedHorizonon Dec 23, 2012 8:46pm
237 Views
Post# 20768049

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Th

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: Th

GoldExecute:

You have made good points.  It is my understanding that Snowden isn't simply doing an audit.  They are performing their own independent analysis.  I think we can all be sure that they are carefully reviewing every point raised by the BCSC.  PG's reputation is already damaged.  I am sure that Snowden doesn't want the same to happen to themselves.  They are not going to just back up PG without being able to jusify their methodology.  In fact I have not been told that they intend to back up PG at all.  Afaik they might choose significantly different assumptions, or not. Only that using whatever methodology they use, we will get a chart showing various resource levels for different assumptions.  And also that Snowden intends to make it as defensible as possible.  That may result in a lower number of ounces, as Christopher Skidmore suggested, but which are accepted by the BCSC and other critics.

Cheers

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