Barkerville Gold Mns Ltd BGMZF

RE:Potential

[Flintstone60]

pb35 wrote: The bottom line is BGM has a massive gold reserve. Once the price of gold recovers this stock will show its true potential. Production would be welcome news in the short term along with a new 43-101 including the re-assays proving up the 7-10 million ounces at cow. 

BGM’s value:

• QR mill: $90mio to build today (Frank stated on the video of the germany conf.)
• New tailings pond
• 300K ton permitted contract to mill ore
• Goldstream mill
• Property: 300000 acres
• Estimated Profit from the first 150k tons from BL at current POG: +$12mio

(at 7g/to(with separator even higher),  allincosts 900$/oz)

• Bonanza Ledge: 102koz (M+I), 70 koz (Ind.) (Mintec 2009)
• Cow Mountain current Resource 1 and 4 mio oz (Snowden, PG, Apex 2013)
• New NI43-101 Resource Report Cow Mountain in Q1/2014
• New NI43-101 Resource Report Barkerville/Island Mountain in 2014
• Estimated potential Cow Mountain: 10 - x mio oz
• Estimated potential Barkerville: 3-6 mio oz
• Estimated potential Island Mountain: 6-21 mio oz
• QR mine
• 90% remaining portion of virgin property
• Antler Creek property
• Mount Proserpine
• Craze Creek property
• Roundtop Mountain

 
Total Shares:     109851706
Current market cap.: $56 mio (at 0,51$/Share)
 
I remember Clown yaponski is dreaming of buying BGM shares at 0,05$ = BGM Value  $5,5 mio !  Why I can’t take these board Clowns for serious?
 
Best regards, Fred