Barkerville Gold Mns Ltd BGMZF

RE:RE:RE:RE:RE:RE:Shares for Debt

[GoldExecute]

Hello Chilly,
  I would agree the word "forced" is way too strong.  I have been offered the option of settling a debt via shares, and not always at a discount.  The scenario has always been that the company didn't have the cash on hand, or the little it did have on hand was being preserved to pay other bills.  I am not sure about Canada, but here in the states, you must file a lein within 90 days of when the invoice is submitted.  If you don't do that, the next step is to start legal action... law suit!  perhaps you would care to answer why the software company (minetech I think) sued instead of a lein.  

If youy are consultant and you thought so much of BGM, WHY wouldn't you ask for the cash at full value and then go buy stock at the huge discount.  Please don't forget, these shares are also restricted until Sept. 14th from trading.   

Also, if you think for one minute that a firm like Acme labs is going to take shares to do Assay work.... Well I would encourage you to call the office at major assay lab and see if they take shares for payment.   

I also assure you that not one single analyst is going to think this is a good thing, or any other possible bank creditor.  The only part they may like is the fact that they are extinguishing debt!