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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 2guyson May 01, 2013 8:27am
208 Views
Post# 21323375

RE: Someone Knows Something!!!!

RE: Someone Knows Something!!!!

dogwag, don't fool yourself by looking to the OTC market as a barometer for what may or may not be happening or for who knows something.

 

There are people who know and Callaghan is one as he has seen the numbers.

 

My problem with the delay in releasing the numbers in the Draft 43-101 completed in March which had 3 independent firms collaborating, is that there is nothing legal which can stop the company from releasing the numbers.

 

Numbers are released when a stock is trading before the Final Report is filed on Sedar, so what's stopping the CEO from releasing the numbers now that the stock is not?  Nothing legally is stopping him IMO.

 

I was invested in another flop last year, AMY (American Manganese).  The CEO back then held a Draft PFS which was supposed to have NO SURPRISES, meaning that it had robust numbers compared to the PEA released a year earlier.

 

After a month went by and many shares traded at a higher price, he released the numbers officially and they turned out the be dismal. 

 

The norm is, bad results are usually released late, while good results are disseminated asap.  It just makes sense, so don't fool yourself into believing the numbers will be BIG, even though some that called the company got this hearsay information prior to the AGM.

 

Odds are this week will pass without word of the report, and so will this month, unless someone like Rex Harbour tries to get the company to release the material information they hold in their hands.  JMO

Bullboard Posts