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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 mailmancpon Dec 06, 2012 2:26pm
155 Views
Post# 20694035

RE: RE: News AGM Question is?

RE: RE: News AGM Question is?

The Question is why does BGM need $50 million dollars?   What are they going to use this money for?   Or is it just a fancy way to obtain more shares of BGM for cheap.?

 

Realistically the answer is they want the company for cheap.

 

As for Bigbabs comments on taking on new management I would say dont be surprised if Frank is willing to step down once BGM rebutts this Rex Harbour.

The motives of Rex Harbour are very transparent.   He has a history which I do not like(maudore minerals).   I hope that BGM board members find a new front guy with a good pedigree and of course this should be done as soon as the 43-101

The resource estimate will be out very soon so whats the pannick.   Its christmas time and most people are away on vacation so why the sudden pannick for a vote?    It should be done in the new year and by then the 43-101 is already out.

Bullboard Posts