Barkerville Gold Mns Ltd BGMZF

RE: RE: More on Pouring Gold

[ovis]

bxju,

If you look at the financials for the company, you'll see that the largest losses per share occurred during the quarters when the company was producing ounces of gold. It is a bit strange that although the company showed the excellent per ounce production costs, it always seemed that there were other expenses during those quarters with production that generated the largest per share losses. Take away production and those other costs disappeared. Interesting, eh :)

 

I'd love to see an accounting dummy review the financials and figure out the real production costs. Many small scale producers I've looked at have production costs running between $1200 to $1900 per ounce.