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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 boss_wazon Mar 06, 2014 2:24pm
123 Views
Post# 22290446

RE:RE:RE:RE:[Cost of Transporting BL ore]

RE:RE:RE:RE:[Cost of Transporting BL ore]
yaponski wrote:

POG has pierced 1350 once again...lets see if the stair-step march towards 1600 continues with ferver....
My expectations for this production run are much higher than 20k oz [given the revised pit plan, the sorter and the economics required for profit]....now we could speculate on expectations all day, however if we do see a START to production then that would be a clear indicator....(that the target is higher)...
 


Boss,
Are you suggesting that if the POG had resumed a falling pattern by the end of March that BGM would delay start of production?  Where are getting that idea from?  

Do you have access to insider information to cause you to suggest such a strategy?


Haha...nice one...and nope...my own dd...
Hey, your $2000 all-in...are you including the Exploration costs for the last 20 years for the entire property by chance...?
All-in costs for BL, as per the 2010 feasability, were in the 500's...revently FC stated 900...Snowden noted that expenses have risen a mere %10 since 2010...so likely somewhere in-between...

Explorations costs of the entire project will likely be covered in the first few months of COW production...so the better question is around operational costs for the BL production run...and how this will enhance cash flow....

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