OTCQX:BGMZF - Post by User
Comment by
Park1on Mar 13, 2015 4:49pm
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Post# 23519585
RE:Past and Future outcome ....
RE:Past and Future outcome ....1. borisY. You don't have any affiliation with J. Francis “Frank” Callaghan. Right?? 2. I read the MD&A and I thought it said they could not have less then 1.5 million? 3. I think he was getting 20,000 a month? The debt is pretty small IMO, for a mine compared to Goldcorp which spends billions then puts everything on hold. This was an older article from July 29. 2014, But talks about Sprott. Quote: - "It is now in Mr. Sprott’s interest for the shares of Barkerville Gold Mines to languish, so he can convert his facility to equity at the lowest possible valuation for Barkerville. There is no telling this will happen, as Barkerville’s story is well known throughout the investment community and investors may start bidding up its shares in the post-Callaghan era, potentially making way for a new equity financing to repay Mr. Sprott. As well, the respected financier, Sprott, may elect to take mercy on the existing shareholders." https://ceo.ca/2014/07/29/controversial-promoter-frank-callaghan-is-finally-out-as-ceo-of-barkerville/