Barkerville Gold Mns Ltd BGMZF

RE:RE:RE:RE:T/You emails sent to Debt 4 Equity. Details below.

[yaponski]

halcro wrote:

tallestdude wrote: They could have sold their debt to a factoring business model and gotten cashed out a long time ago.  Something in BGM's story, business model, and potential positive PR rellection upon their individual goods and services business "good names" appealed to these participants.  

It's hard to put a dollar value on cumulative Goodwill for those D4E shareholders as the result of doing this swap.
 

Duds, Duds, Duds. Your head is even further up there where the sun don't shine than is the departed BBoS's. We're gonna have to refer to you as the Big BBoS, LOL.

Having been in the credit game, I can assure you that selling a debt owed by a company which, as of January 22, 2014, was being sued by a supplier purportedly owed $172,424 (U.S.) for a September 12, 2012, debt would be a hard sell indeed (and have YOU seen the November 30, 2013, financials for BGM? I can assure you that any factoring company would look at them , LOL).

Indeed, the holdback and discount rate would likely be greater than the haircut between the 50-cent issue price and last Friday's 36.5-cent close.

And, Duds, go back and look up the previous four rollbacks, lol. A one-for- 3.7, a one-for-four and TWO one-for-10s.

It's also been 26 days since the Ministry of Mines shut down the QR mill and the BL mine. There can't be much ore left at the mill (maybe 500 tonnes; not that it matters: the mill is suspended), the ore needed to feed the mill when the suspension is lifted is 110 kilometres away in a mine in Barkerville (which is also suspended)...and HOW (and WHEN) are the twain to meet?

The February 28, 2014, year-end financial likely won't hit Sedar until June 30, and they'll likely be no prettier than November's.


And the first quarter financials for March 1 to May 31 (which aren't due to be released until July 30) won't be any more reassuring, as the company's three-month production will be under 1,700 ounces of dore, which may well be less than 1,500 ounces of gold.

Unfortunately, Duds, history and the present seem to be blurring together, and history (and the present, LOL) hasn't been any too kind to average retail shareholders, has it?

What's the quote for hype, hope and BS on the London Metals Exchange, Big BBoS?

The Big BBoS is truly inspiring. He's probably watched and memorized the original BBoS inspiration videos and is no doubt planning his own set..

Everyone needs to realize that when it comes to BGM news, or lack there of, it is always good, to extremely good. The company just can't generate any negative news in the eyes of the Big BBoS and the BBoS.. Inspiration at its best, eh Flinestone... :)

And perhaps the BBoSs are right. Why as you know BGM does have some serious dollars to spend via the  recently closed PP. Not as much as planned but significant none the less. The PPs figures won't hit finanicals until the May/14 report which will probably be near end of Q3. So, the summer ho-hms won't be bothered by any nasties about running out of cash.

Now, I hope the BBoSs put their heads together and explain why the Sprott gold delivery will be a great thing when there are delays in getting the gold poured -- how much gold can your pour form a shut down mill anyways? None I would have guessed but I'm sure the BBoSs see if differently.

LOL!!