Barkerville Gold Mns Ltd BGMZF

BGM-Pick of Week-from.Aug18

[jrai]

Stock Pick of the Week # 103 August 18th 2011 AD

The Stock Pick of the Week for this week is Barkerville Gold. The company has reopened

a previous gold producing mine in British Columbia. Barkerville also owns

several other properties where mining was done in the past. The stock trades on

the TSX under BGM.V and it has a pink sheet listing under BGMZF.

Barkerville has recently become Canada's newest gold producer as mining activities

at the QR Mine & Mill have led to the first gold dore production in September 2010.

The permitting of the Bonanza Ledge property should allow the Company to source

addition mill-feed from its existing properties and raise the anticipated production

goals for 2011 to 50,000 oz. In conjunction with gold production a number of

aggressive drill programs have been initiated on the Company's Cariboo Gold

project with the goal of significantly expanding the existing 43-101 gold resources

that have been identified to date. The stock last traded at 1.58.

Chart courtesy



https://www.pdegraaf.com/articles/pick/pick103.pdf