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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 justlikethaton Feb 11, 2013 11:23am
180 Views
Post# 20968748

RE: RE: OTC still filling at .64

RE: RE: OTC still filling at .64

I personally think it's a very good risk reward for the medium to long term. If the results are disastrous, there will be a knee jerk dump. That scenario entails a complete failure in PG's work. Under this scenario, mgmt will be booted, and RH will proxy 1.00 a share. If not, the stock will recover to around a buck over time. There is a level of assets on the table as well as blue sky.

The higher probability outcome is PG being half right to maybe being more than half right. Under that scenario, you can lose.

To me, it's very straight forward.

Bullboard Posts