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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 Nov 06, 2015 12:58pm
122 Views
Post# 24267198

RE:RE:RE:TSX.V Insider trades

RE:RE:RE:TSX.V Insider tradesWell, that's 860,000 of the 1,559,000 shares sold by Laurentian for 24 cents at 10:01:05 on Nov. 4, 2015, accounted for.

Wonder if there'll be more Sedi filings to account for the other 699,000 bought and maybe for the selling?

From the looks of the news releases and financials, BGM looks like it's going to need a substantial financing in 2016. Wonder why the buyers didn't wait for the strike price on the financing and then putting some money into the company's treasury?

Of course, with gold touching $1,085 (U.S.) today, and with all-in costs of about $1,280, most of the indicated ounces must be approaching the underwater mark.

Bullboard Posts