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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
Post by justlikethaton Mar 29, 2013 6:17pm
279 Views
Post# 21186179

Pre-Fea?

Pre-Fea?

I don't recall this being said anywhere. This will only bring the value should the results come out by a factor of two at least

 

As we pointed out in our prior article noted above, there is no doubt that the Barkerville properties contain a considerable gold resource. Mineweb commented as follows: "But the markets so far have proved pretty sceptical - and hereby hangs the dilemma for potential investors. If the preliminary findings are borne out in the final approved NI43-101 report, and are also double checked by another firm of consultants - Snowden are apparently checking out the figures for Barkerville and are to conduct a pre-feasibility study - then the stock would likely surge, possibly dramatically. However, if this initial assessment is ultimately seen as an over-optimistic assessment and downgraded, then the stock could suffer as a result, although there is no doubt that there is indeed a considerable amount of gold on the properties. The expressed doubts only concern the approval of the assessment methodology and size."

 

https://www.mineweb.com/mineweb/content/en/mineweb-exploration?oid=154985&sn=Detail

Bullboard Posts