OTCQX:BGMZF - Post by User
Comment by
GoldExecuteon Jan 30, 2014 1:37pm
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Post# 22154090
RE:Total Exploration Target Potential of Island and Barkerville
RE:Total Exploration Target Potential of Island and BarkervilleDelazus, If you are going to comment on hypothetical potential, would you also provide a time line and approximate cost to delineate a 4 mile long trend. This time frame would include:
Detailed Geologic mapping
Detailed sampling
Conceptual modeling
envir. permits for building roads
recl. bonds for exploration
Geologic modeling to develope targets
Assay fees, QA/QP
Ind. reports - 43-101, etc
As I have stated before, talking about geologic potential is a red herring... That comment is not jusy my own, but that of Danny Deadlock and the majority of the people within the sector.
You can stand on the numerious trends in Nevada and make the same comment, or on the Red Lake trend. Proving up the claim is where the meat is...
I have no doubt that the belts discussed contain significant amounts of gold, but proving up those ounces is where the $ hits the road!
Investors here wonder why virtually none of the analyst at various banks follow this stock, and it is IMO comments like these cause them to shy away because they see them as nothing but bait to lure in the retail investor. JMO!