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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 Oct 23, 2013 9:05pm
231 Views
Post# 21843356

RE:RE:RE:Very Interesting Sprott Letter

RE:RE:RE:Very Interesting Sprott Letter

Sil.D wrote:so yaponski thinks sprott does not understand the gold market so he is gunna explain it to us ?????????? this is the best one yet i think yapoonski should call sprott and staighten his ar se out then and also call this fellow since he seems to thinks like sprott and is long both comex & physical gold and manages a fund

https://seekingalpha.com/instablog/536584-dave-kranzler/1796911-the-comex-is-one-big-ponzi-scheme



SiLd, I merely quote from Sprott's own writing. For example,


As fundamental investors, we always pay special attention to the supply and demand dynamics of gold and, recently, we have found it very difficult to reconcile lower prices with continued strong demand for physical gold.



https://www.sprott.com/markets-at-a-glance/do-western-central-banks-have-any-gold-left-part-ii/


A
nd I am sure many of the silver producers remember getting a letter from Sprott telling them to not sell silver when silver fell back to the high 30s after reaching a peak. Sprott's advise was to hold off selling... well, with silver now $22 and change, I can image the write downs some very POd silver producers are taking.... probably wishing Sprott never invested in their company either... :)

Just saying. Sprott works in the real market and makes mistakes... Sprott hasn't mentioned his letter to silver producers recently... I guess he just wants to forget that little ditty....
Bullboard Posts