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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

Comment by Rollercoasterblueson Feb 11, 2016 12:44pm
97 Views
Post# 24548452

RE:The Ole Bait and Switch move.....

RE:The Ole Bait and Switch move.....Gold's last run out of the recession went from 2008 to 2012...3-4 years from $600 to 1900 or about 333% run over that time. If we say that this next run plays out in somewhat similar fashion either somewhat lesser or somewhat greater......expect gold to move up 100% to 2019-2020 on the minimum and perhaps as much as 500% on the high end but not out of the realm of possibility given that this will be the last leg of a long term 20-25 year trend on a gold bull run...which is normal so we are looking at an expectation (if this all plays out??)....gold being $2000 conservatively to $5000  speculatively by 2020? Do people understand why the company insiders were buying their own stock at cheap prices while the herd was looking the other way? What does this mean for BGM......a valuation of somehere between $1-2 billion at $2000 per oz and assuming only a 1-2 million oz resource?........so a price of $4++?????? per share........lets cut that in half from further dilution but proven up  the resource to 2-3 million ozs (conservatively) and we get 500milio share dilution at $3-4 billionish resource value now meaning $6-8 per share conservatively?

Am I dreaming? Time will tell I guess....but in the meantiime, I hold to find out!
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