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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 Barkerville Mountain.


OTCQX:BGMZF - Post by User

Bullboard Posts
Comment by ovison Aug 13, 2012 1:34pm
351 Views
Post# 20211600

RE: what will p/r say?

RE: what will p/r say?

>>, i do not think bgm or geoex wants to release a non compliant 43-101 at this point, and would think bcsc would agree with that.<<

BGM has already confirmed, in the July 11th NR, that are ongoing technical discussions with the BCSC ... "Until this ongoing technical disclosure review by the BCSC is resolved,..."

 

2guys posted an e-mail response from the BCSC in which the BCSC indicated that, in general, once an compliance issue is discovered the BCSC will work with the issuer until the compliance issue  is resolved.

 

Seems pretty clear to me, as I may have already posted :), that investors will see nothing more on the resource estimate until the BCSC has agreed that the final 43-101 report is compliant.  So, I doubt today's news release, if there is one, will be much more that an announcment of a delay in completing the ongoing process with the BCSC -- I hope that BGM has the b*lls to put a new date for the filing :) I strongly expect the BCSC will respond very well to that kind of pressure from an issuer :)

Bullboard Posts