Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 boss_wazon Feb 05, 2014 11:41am
185 Views
Post# 22174650

RE:RE:[Production Curiosity]

RE:RE:[Production Curiosity]
cobalthead wrote: Yes boss I believe you are correct . If bgm chase a golden vein in the open pit your scenario plays out...do the math...it's astounding..but..at this share price the market is skeptical...mean while rox gold has average grade of 15 grams per ton , Brent kook loves it , it's in Africa , how can you not be skeptical ?...


Ok, so I believe the permit total tons allowed is somewhere near 700ktons (I believe)....

So, if BGM was to execute production as I have laid out for TWO YEARS in a row, that would consume half of the permitted total tons, and truck only 1/4 of the total to QR....
that would be 200+ days of EXTREMELY high grade ore milled, over the span of 2 fiscal years...

Now what will gold be in mid 2015 when the second 100 days is milled...?
Perhaps higher than $1600...
Even if not, are we not talking about NORTH of $200mm revenue by summer 2015...?
That might go along way to shipping the revelostoke mill to the COW site and then upgrading it to the 4000ton/day capacity (or whatever)...?

Now wouldnt that plan look nice sitting is a COW Feasability study....and woulndt that do something for the justification for BGM to be listed on major indexes (re: showing a sustainable economic plan)....

Just thinking out loud......

Bullboard Posts

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse