Barkerville Gold Mns Ltd BGMZF

RE:RE:RE:The view from Stockhouse (no rose-coloured glasses there).

[yaponski]

"...I realize this is a Canjex story but am wondering where they might have gotten the idea that obtaining permits to truck ore from its Cow Mountain gold project near Wells, B.C., to its QR mill is an option..."


I would presume that the reporter spoke with the company, as certain items
in the market summary are new/updated.

Looks like Canex or else I have the wrong end of the discussion.

I don't see any possibility of Cow Mountain ore being processed in 2014 or 2015 for that matter either.  Now, I know that BC is the land of the BC Billy and they have billy ways of doing things but I very much doubt you can quickly get permission to dig up a mountain side without a legion of permits first. I would expect any permitting activity to completed in parallel with a PEA. But as far as I've heard from multiple sources the only work being done in 2014 is on an "internal" PEA, work being completed by one of the directors. Such work, while probably usefor to guide management decisions is not anything that will released to investors as far as I know.
 

For a comparable, perhaps someone here recalls the length of time it took to get BL permits in place, from first plan announcment to the start of hauling ore. Of course, given that BGM has never shown a bottom line profit in the the financials I've looked at, I don't think anyone really wants a repeat of BL as the bottom line losses would no doubt significantly increase.

Just asking....