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Bullboard - Stock Discussion Forum 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... see more

OTCQX:BGMZF - Post Discussion

Barkerville Gold Mns Ltd > Here's a Nugget
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Post by Bullroarer123 on Jun 08, 2018 7:35pm

Here's a Nugget

For what it's worth; a little tidbit I picked up today. B-Ville has a Proposal Call in for the Catering for a 400 Person Camp. Apparently 10 Organizations have committed to Tender and are still working on the scope of responsibilities. "ie:- dishes, table ware, bedding", and I don't know what all. Presently, I have been informed that the present number of people using the currant facility are 60 to 65. Housing in Wells is just about Nil, but I have noticed an influx of Properties for sale that Previously I would have thought not possible. We even have a local who has decided to start acquiring Property for an investment because of the present availability. It will be interesting to see how this all play's out with construction costs what they are. Times are a changing! I've been long since the strike of Bonanza Ledge, looking for one final Big Payday. Best to all. Bull
Comment by Razzputin on Jun 08, 2018 8:52pm
Thanks for the update 
Comment by hammer161 on Jun 09, 2018 9:59am
Sounds like they are looking for a number to use in an advanced study - PFS or FS.
Comment by Bullroarer123 on Jun 09, 2018 4:07pm
I don't believe that's the case here Hammer. Just to reread their last Homepage Corporate Release with that Picture of Bonanza and BC Vein along with Stouts Gulch would suggest, at least to me, that their well beyond that stage of study. This is, I believe, part of the "Action Plan" along with who has the best credibility and costing to be awarded this next stage of ...more  
Comment by hammer161 on Jun 09, 2018 6:37pm
A 400 man camp at this stage would be a construction camp to build a new mine. They don't yet have a study to be beyond, and one that determines how much of the 1.6 Moz Au is even economic. Chances are at an average of 6.2 g/t a lot falls out dues to lower grade (3.0 - 5.0 g/t) dilution and, at greater depth, high costs to extract. They need a lot more drilling and need to do the first study ...more  
Comment by chillyballs on Jun 10, 2018 8:09pm
Hammer isn't wrong BUT I dispute every number he has ever put on the board. Bullroarer in my opinion is also right and maybe more so in that local knowledge always trumps rhetoric.... My opinion is based on the performance of Osisko as a whole and that inside knowledge on the part of Oskiko et al is putting BGM on a fast(er) track given the upside. This is just my opinion which Hammer will now ...more  
Comment by Bullroarer123 on Jun 10, 2018 8:13pm
I appreciate your response and collection of data. The issue is though, whether or not a Proposal Call has been placed and if in Fact it is a legitimate Proposal or a collection of submissions and there costs for, as you suggest, some sort of Feasibility Study. It does seem like a lot of man/woman power ( 400 ). I ran into the same individual again this early PM and questioned them on their ...more  
Comment by Bullroarer123 on Jun 11, 2018 9:42pm
Well Folks, here it is as promised. A Proposal Call was put out and this is the nuts and bolts of it's content as related to me. I was not allowed the written copy. It's for the present camp and it is part of a feasibility program designed to see if this manner of administration of Camp Services is the best way for the Company to proceed. It will be for up to 85 personal for a period of 1 ...more  
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