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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 > Might be life for BGM..BK now has a SELL on it
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Post by Ogopogo007 on Jul 25, 2019 6:06pm

Might be life for BGM..BK now has a SELL on it

In last month’s update, Byron noted the following: “Considering where it’s located in the heart of Gold Rush country, Barkerville ‘ought’ to have a better-laid-out geologic story. Instead, again and again we see one-off drill results, without clear structural or systemic context. In other words, it’s a ‘prospecting’ story, not really a modern exploration story.”

That’s enough reason for me to recommend selling this stock and concentrating your speculative capital elsewhere.

Elsewhere he writes.....XXXXXX shares have been hot, rising 40% in the past month and 215% since the beginning of 2019.
Given its valuation relative to its earnings potential, XXXXXX stock should continue to outperform the gold sector.

that would be his other pick

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