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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 boss_wazon Jan 22, 2015 10:11am
94 Views
Post# 23350759

[Decision Analysis]

[Decision Analysis]Lets look back to when Sprott Loaned the money:

Sprott laoned the money because the risk/reward was acceptable (would you loan money if you thought you would not see a return, or lose it all???).

So what has changed since then:
- POG HAS GONE FROM $1100 to $1300

So unless all parties assumed POG would be HIGHER than $1300 (as part of the original risk/reward scenario),  all parties are ahead...

So if PRODUCTION comes in at the target all parties agreed to then nothing has changed, and all parties are on target or ahead....

Red Herring....

Bring on the 43's.....

Bullboard Posts