OTCQX:BGMZF - Post by User
Post by
justlikethaton Mar 29, 2013 6:17pm
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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