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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 19, 2013 10:01am
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Post# 21617685

RE:GOLD UP BGM in CTO cease trade

RE:GOLD UP BGM in CTO cease tradeRight questions which BGM pumpers will ignore since answer is unpleasant.

One nit however. BGM has 0 proven reserves. Not sure what a proven resource would be.

To go from an indicated resource to probable reserve you need prefeasibility study plus reasonable expectation of securing permits (plus other details of course)... To get a prefeasibility done you need to fund work... lots of it... this takes $$s... which typically requires listing and trading stock... getting back trading appears to be a slight problem right now, maybe something to do with fact company needs to first raise money...

Where is Rex et al with that $1 a share PP offer when you need to raise $?
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities