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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 yaponskion Jul 16, 2013 5:00pm
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Post# 21611373

RE:Since cto lifted

RE:Since cto lifted

Well there were 37K shares of BGMZF traded with a close of 73 cents. OTC strenght in light of recent news made me bump up my estimate on 1st Friday close. Also, since we have a diversse set of people providing estimates, I wanted to pick a number closer to the mean (after dropping obvious outliers).
 

If you want to win 1st Friday contest you might want to adjust your estimate. Although given my ressearch on TMX regulations for lifting suspension, I suspect you'll have plenty of time to make those final adjustments. And well, lets face it too, there is a significant probability that BGM never trades again. Yesterday I would have argued that odds of never trading again were vanishingly small. Now I just see odds of never trading again as slight but significant -- say 1 in 20 chance of not trading again in 2013. 

I'm sure the BBoS would be very happy with such an outcome as it would give FC time to interview all of interested majors coming to Barkerville while the price of gold recovers somewhat....

Time will tell all no doubt...

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