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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
Post by yaponskion Jan 27, 2014 12:26pm
132 Views
Post# 22138220

Price of In Situ Gold in Open (no permit problem) Mining Reg

Price of In Situ Gold in Open (no permit problem) Mining RegI see that Allied Nevada sold its Hasbrouck Property to West Kirkland Mining for $30M US. The property has  1.16M Oz Au and 29M Oz Ag in situ which means at recent prices, the sale works out to roughly $18 per ounce of AuEQ.  Not bad given that ANV is trading at roughly $9 per ounce of AuEq.

And ANV makes a profit on its production most quarters.... a really cheap deal IMO IF the POG were rising. Today, the dark side, aka gold bears, are starting to stir again. All the weekend dreams of big gold price jumps are just that, weekend dreams, unconnected to what is called the gold market.
Bullboard Posts