Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Jan 26, 2014 3:32pm
172 Views
Post# 22135480

RE:RE:RE:bgm to become biggest gold camp in canada?

RE:RE:RE:bgm to become biggest gold camp in canada?
dosco wrote: world class geos... moooooonnnnnshot.....


Too true.

The tide in PM market is going to turn one day and when it does a $300 update in gold is going to become a regular event.

At $10,000 gold, BGM might well trade at $150 in the ultimate gold mining bubble. And at $50,000 gold spike, well, $1000 per share... even the original investors, those who were diluted several times, might even get most of their money back.....

This could definitely happen.  There is huge amount of hot money moving around the world market, and it is fleeing from emerging markets such as Argentina and Turkey at a fast rate. Argentina dropped 10% in one day last week.  Or putting it another way, the price of gold in Argentina local currency went up 10% in one day last week.

It is only a matter of time before there is a panic to flee from  the US$. Of course the magnitude of such a move will make last week look like a calm sunny day at the beach.... Because if you flee the US$, where do you go besides hard assets of which Gold has to be a significant option.

But I think I'll just hold off on looking at BGM seriously until we see POG breaking $1550. Then it will be time to look at all mining stocks once again....

Slap, slap, slap.... 3,  2, 1, your back in the room. You were having a day dream....
Bullboard Posts