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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

Post by BywrongKon Sep 07, 2018 5:19pm
125 Views
Post# 28582531

Phunny math...phunny permitting

Phunny math...phunny permittingFrozen nutzsac....guess U never heard about Discount Rate or NPV...take ur phunny math $1.1B and discount it to 5%...or 8% Net Present Value...come out to $55,000,000 NPV (5%). With a Market Cap of $200,000,000....looks like U got another haircut coming. But then again....U happy with paying $1 for shares here....want to buy some from me for $1? . Now about permitting a mine in a NDP Province that just turned down a pipeline...that already : 1) owned the right of way 2) had Federal Approvals 3) already had an existing pipeline 4) let's not overlook that BGM has already plead guilty to depositing liquid waste into a fish-bearing watershed and was fined $200,000....shareholder $$ well wasted IMHO...that will make permitting easy in a Province run by Greens and NDP's
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