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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 boss_wazon Jan 22, 2014 1:59pm
267 Views
Post# 22121444

RE:RE:RE:RE:RE:RE:how we open

RE:RE:RE:RE:RE:RE:how we openHey...Im an active participant in this discussion yet only you get all the STARS...whats the deal with that...haha?

I will not be at the AGM, but by all means if you will be then ask away....[or anyone else out there listening....]...
So for reserves:

Generally the conversion of resources into reserves requires the application of various modifying factors, including:

  • mining and geological factors, such as knowledge of the geology of the deposit sufficient that it is predictable and verifiable; extraction and mine plans based on ore models; quantification of geotechnical risk—basically, managing the geological faults, joints, and ground fractures so the mine does not collapse; and consideration of technical risk—essentially, statistical and variography to ensure the ore is sampled properly:
Shouldnt be a problem for BGM
  • metallurgical factors, including scrutiny of assay data to ensure accuracy of the information supplied by the laboratory—required because ore reserves are bankable. Essentially, once a deposit is elevated to reserve status, it is an economic entity and an asset upon which loans and equity can be drawn—generally to pay for its extraction at (hopefully) a profit;
Shouldnt be a problem for BGM
  • economic factors;
Know your costs, know your tonnage, know your grade, determine POG for profit...
  • environmental factors;
As you mentioned, underway...
  • marketing factors;
Not sure what these might be
  • legal factors;
Keep the lawyers employed...dot the I's and cross the T's...
  • political factors;and
Do the Governments want this to happen...for whatever reason....
  • social factors[2]
Your concern over first nations....





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