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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 yaponskion Jul 19, 2013 3:50pm
146 Views
Post# 21618785

RE:So it only took two weeks to get these bashers of our board.

RE:So it only took two weeks to get these bashers of our board.

>>And they know we will trade again now.<<

Although odds strongly favor trading again, they are definitely not 100%.

Consider from February 2013 financials:
Total current assets $1M
Total current liabilities $13M
or a $12M funding gap. TMX might see this as a sticky wicket. And each day there is no news/progress on resumption of trading suggests the $12M gap is likely gating resumption of trading. Plus all of the IR staff supporting investors, that gap is growing every month... ouch....

Why would TMX allow BGM to trade when company is underfunded by more than $12M? 

Ok, I know. the BBoS could submit one of his paper gold spreadsheets showing 50,000 oz production per year at a cost of $750.... ah let the good times roll...

 

Bullboard Posts