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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 hammer161on Mar 19, 2013 4:28pm
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Post# 21152011

RE: RE: RE: RE: RE: Guesstimates....

RE: RE: RE: RE: RE: Guesstimates....

Cobalt - I haven't changed my mind on anything - I have always been at the bottom end of the scale when it come to how many ounces there are and I have always been a proponent of facts and proper methodology for resource calcualtions. All I did yesterday was counter some of the riduculously optomistic reasons or opinions for the delay (IE. super-combined resource a la C.Wells) with a more realistic one - the Snowden resource calc came back at 20% of PG's number and BGM does not like it. There is no cloud finding for me as IMO there never was a silver lining (or gold lining) to be had in  the first place - other than perhaps a reasonable 200 - 300% increase in resources (to about 2Moz) as opposed to the 2000% increase as presented in the PG's report.  

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