Barkerville Gold Mns Ltd BGMZF

Metals & Mining Industrial Metals & Minerals

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

Barkerville Gold Mns Ltd > Action. Jackson

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Comment by pigbruinmcveidon Jan 21, 2016 4:23pm

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Post# 24481925

RE:RE:RE:RE:Action. Jackson

Looks like about $12M in current assets including the Dec PP and about $12.2M in current and long term debt. Gotta love the $8M bump in accummulated deficient. Thats the way to do...

Looks like another round of financing is coming given the monthly burn rate required to retain the ultra talented team managing BGM. LOL.

Will the next PP be at 16 cents? Higher? Or lowers? I expect lower if gold prices break the way I'm expecting and we see $8xx levels. LOL.

Not too much room to move given

halcro wrote: Third-quarter financials for the three months ended November 30, 2015, are out. Revenue of zero, and net loss for the three months was $7.4 million.

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