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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 Sep 16, 2013 12:31pm
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Post# 21742918

RE:RE:Updated Report

RE:RE:Updated ReportHammer,
I do agree with the spirit of your comments but a minor nit on "Pre-Feasibility it could only include the 1Moz indicated and nothing else."... You can use an Inferred resource in a PEA... it is done all the time.  A FS wouldn't allow Inferred but as you say BGM is a long long way from their first PEA let alone anything more serious.  Your other comments are spot on IMO, especially about who is this person...

The big issue comes down to getting money to keep the operation going... money for the expansive IR staff, money for drilling, money for development, money for environmental upgrades, money for engineering studies... kind of makes the old joke about a gold mine being a hole with suckers standing around tossing money....
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