Barkerville Gold Mns Ltd BGMZF

Metals & Mining Industrial Metals & Minerals

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

Barkerville Gold Mns Ltd

Bullboard Posts

Comment by RedHorizonon Apr 11, 2012 3:24pm

148 Views

Post# 19782041

RE: RE: Cash Position

Bigbab:

Let's not forget that when these resource reports come out the mine life at Bonanaza Ledge will be extended. So it's not just 6 years. We should have the 84 meters of 16.5g/ton in the resources at Bonanza Ledge and other good drill results from over the years. Furthermore, I don't believe that the small mines permit ever expires. So it looks like we have at Bonanza Ledge a valid long term mine which can fund a lot of drilling and development for years. Even if it is just a 25,000 ounce producer, I'll take it. A 25,000 ounce high grade open pit is just fine with me until we get Cow Mountain up.

GLTA

Bullboard Posts

Changing Europe’s dependency on HREE from China