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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 Oct 30, 2015 10:11pm
204 Views
Post# 24246093

RE:August Financials In Sedar

RE:August Financials In SedarYes, Boris. Substract the total current asseys from the current total liabilities and you sure as heck don't end up with free cash of $10 million dollars. What was Lesley Stokes on when she wrote on October 23, 2015: "Now, sitting debt-free with $10 million in the bank and three rigs turning at Bonanza Ledge, its easy for Obradovich to say that BGM is back in business and driven to under-promise and over-achieve."

pigbruinmcveid wrote: Cash: $10.276K

Total Liabilities $10.701K

Shares outstanding 226.642K

All in cost $1,279

Reclamation and remediation initiated at QR mine and mill sight (tree planting etc). On C&M.

Mosquito Creek mine and mill being dispmanteled (delapitaged historical structures removed).

Goldstream Mill took an impairment charge of $224K (scrap metal is dropping in price).

Corp admin increased by $1.5M over same 6 month period in 2014.

Expect more equity financings


Bullboard Posts