Barkerville Gold Mns Ltd BGMZF

RE:RE:[My Valuation]

[boss_waz]

Sprott turns the tide...definitely!
Sprott is no dummy...perhaps come 2017 he will retire, or open up his own gold repository...

Other notables:
Going back to the original 2009 report for BL, they used a COST number in the 500's.
Interesting, in Snowdens report, when estimating current costs, they used 2010 numbers plus %10 (ie costs have not gone up much in several years)...
So applying Snowdens cost model to the BL production, and to be safe i'll DOUBLE IT to say %20....that indicates costs for BL should come in FAR below the $900...I used $800 in my Valuation...but Snowdens statement makes me believe its even less than that (for BL production)...

BGM has been working this claim for over 20 years....
This didnt just happen overnight...
There are so many cores...

NOTE: I did not use ANY INFERRED in my calculations...in case anyone missed that....

Sounds like the next pour will be the QR ore which should help tune the mill, but is really meaningless overall...
The first BL pour will tell us plenty.... <<<<<<<<<<<<<

Also, these numbers are the 'BCSC Penalty' numbers...perhaps I was TOO conservative...

Also, I did not mention this rpresents only %10 of the total Land...all along the same geological belts....