Barkerville Gold Mns Ltd BGMZF

RE: RE: RE: RE: I emailed. The bcsc

[ovis]

Cobalthead,

You say "......pg was so scarred from the. Rmx bcsc fiasco...he didn't know what to do to satisfy them...Snowden is in the hotseat now and without any clear direction from the bcsc..it's like a guessing game..Snowden is in overkill mode...to come up with a bulletproof. Report..."

but it just aint that complicated. NI43-101 compliant reports are filed almost daily with the sedar. A good number of these are reviewed by the BCSC. It is not complicated to prepare a NI43-101 compliant report. It is however complicated to go from 600K oz of Inferred to 10.6M Indicated ounces in one step.

 

Snowden is easily up to the task of preparing such a report, although the final resource estimate might be quite different from the Aug12th PG numbers. Is PG up to the task of preparing a compliant report? Only time will tell. It isn't obvious that he'll be able to prep such a report for a deposits as apparently complex as Cow Mountain. My guess today is that the numbers Snowden signs-off on are going to be much close to 1M oz Inferred that they are to the Aug12th numbers. But I doubt we are going to see any numbers until mid 2013 -- what has to happen first is BGM has to cut its ties with PG and let Snowden do report from scratch, taking total responsibility from cover to cover. I expect that seeing drill results from the twinned holes within Snowden's expectation is a gating precondition before Snowden would accept the assignment to do a from scratch technical report. If the twinned holes disappoint then I expect Snowden will walk. Just pure speculation on my part. This cases is wildy different from anything I've ever seen before the BCSC.