Barkerville Gold Mns Ltd BGMZF

RE: RE: Drill cores

[ovis]

hammer, >>>If this is correct then things are going as they should  IMO - PG is out tof the picture and Snowden is doing the resource calculation.<<<

PG could still be in the picture. Snowden requested the cores perhaps because Snowden wanted to confirm a geological interpretation that PG was using.

I was listening to presentation by the major streaming companies yesterday and one of them, SWL, said that before they invested in a project, they always got all fhe drill results and used their own geologists to build an independent block model of the deposit. So, I figure that the best way for Snowden to audit PG's work is for Snowden to build an independent block model. With tools and skills that is a reasonable tasks. If there are big differences between PG's work and Snowden then that could get interesting as to what happens but right now I wouldn't guess that PG was out of the picture just because Snowden has the cores.  There is some probability that the cores are proving PG's geological interpretation and there may be helping Snowden get PG like numbers. I doubt that but I don't rule that possibility out either.

 

In any event, this all adds credibility to the upcoming Snowden approved resource estimate. Now if we can find a reasonable price for the in situ gold we could be well set for the lifting of the CTO.