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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
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Comment by ovison Sep 06, 2012 1:53pm
312 Views
Post# 20326312

RE: RE: No PG Makeover!

RE: RE: No PG Makeover!

>>>If this is the case, the parameters that made the 10M+ oz resource goes away. A compliant 43-101 will not have the same outcome.<<<

 

If they do a new report and the result is significantly different from the June 28th news release. will there be consequences from the BCSC? False disclosure to investors? I don't know what the BCSC policy is on this point. It is fuzzy I'm sure. And what is a significant change anyways? Indicated resources have a +/- 30% (or is it 50%) margin of error on them by definition. But someone will have to be tossed under the bus/train...

 

At this point, I expect that PG will have very hard time deliverying a 43-101 compliant report that is acceptable to the BCSC, as a consequence of the June 28th release.

 

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