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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 GoldExecuteon Dec 04, 2013 11:34am
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Post# 21969006

RE:RE:RE:RE:Buy in @ ???

RE:RE:RE:RE:Buy in @ ???Waitingstill,  Do you think this would be the first time that Sprott loaned a company money and didn't end up taking over the resource?  These loans are not set up for Bankruptcy, it is set up so he gets assets and leaves the company to the bankruptcy.  Look at what Waterton has done with companies like Golden Pheonix, Griffen Gold, & Royal Standard the last 2 years in NV.  All assets have landed in Watertons hands leaving the shell of a company and the shareholders with nothing but debt.  I strongly suggest you read the terms of the loan again.

Also, not trying to bash, is it not a fact that Company owed $12M to the groups I mentioned.  Did FC not say the contract miner was working on the come?  I don't have the complete list of people owed money, but if the listed $12M they can't just not pay, or those holding the debt would sue?  Am I missing something?   
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