Barkerville Gold Mns Ltd BGMZF

RE:RE:RE:RE:RE:Mr Market says HOHUM

[yaponski]

>>>Well, Tahera was a diamond mining company,<<<

Ok. I should have said the gold gods probably also want a taste.
 

But to Sprott's credit, having a bankrupcy or two is no biggy. Rather it just means an appropriate level of risk is being used. In mining, as you very well know, there will be many failures and a few stellar successes. Franco-Nevada followed this strategy very well. Franco owns so many properties with some defined resource it doesn't even bother to value the resources unless their is a plan for production within the next 5 years.  A significant percentage of current Franco-Nevada profits come from a few small past investments. Many Franco investments end up on the not reported page.  Franco even has a few holdings in Cariboo country if memory serves me right but those Cariboo holdings are on the not valued page.