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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 halcroon Sep 28, 2015 12:58pm
82 Views
Post# 24141407

RE:reserves of gold

RE:reserves of gold
cherryberry wrote: does anyone know how much gold has been confirmed...I know they have several million ounces but do not know if it is 2, 3 or 4 million.....hope for some info   


Go to the last financials and M D & A. With the present price of gold, there are now no reserves.

..."The Company is in the process of exploring its properties and has not yet determined whether these properties contain economically recoverable reserves. The continued operations of the Company and the amounts recoverable on these properties are dependent upon the discovery of economically recoverable reserves, the ability of the Company to obtain the financing to complete the necessary exploration and development of such property and upon attaining future profitable production or proceeds from disposition of the properties.

hammer161 wrote:
Bonanza Ledge is dead as it has no reserves and the Island Mountain report has yet to materialize even though it was due out in the first two or three months of this year - in fact it isn't even mentioned as being on the agenda any more. Oh well ... at least they are drilling.


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