Barkerville Gold Mns Ltd BGMZF

RE: How the GAME is played

[doctorfill]

Excellent post, Cstovin.

A few points though:

1) Who was doing all the buying in the weeks prior to the news release? If they were sucking in locally involved people on whispers and rumours how likely is it that they could have contained these stories for a month or so?

2) Couldn't insiders do their holding and trading through offshore accounts or associates' accounts?

3) If they intended to blow the stock off under $2 why bother with such fantastic numbers? Wouldn't 4 million ounces total have done the job? Releasing such ridiculous numbers was bound to raise a truly huge red flag. (One of the big questions here is 'why didn't regulators hold the resumption of trading pending clarification?'.)

If those seemingly bizarre numbers turn out to be deliberate gross exaggerations it must have been for the purpose of insiders profiting somehow or other and thus management would be wide open to prosecution for fraud - especially if they short sold on the news. I mean - wouldn't these guys have to be half-wits on drugs to plan such a stunt?

BTW there's no doubt in my mind that there's something really, really wrong here but what it likely is I can only guess. It would be the story of the decade if it turns out they actually have what they claimed and the stock goes to $30. That doesn't seem to be what the market is telling us though.