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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 GoldExecuteon Jul 01, 2014 6:36pm
231 Views
Post# 22708732

youch! I am wondering what the people that are buying read?

youch! I am wondering what the people that are buying read?
there it is on p 12 of the report...the first ore round at bonanza ledge "expected July 2014" so no mining of ore yet...
 
also as of the date of this MDA 2809 oz of gold dore had been poured.
 
corporate administration expenses 4.36 million
 
mining operation loss 4.7 million
 
financing expenses 1.94 million
 
net loss 12.7 million
 
working capital deficiency 17.9 million
 
Total financial liabilities 23.56 million
 
Cash on hand (2/28/14) 352K (prior to the 6.9 million private placement)
 
I hope they haven't spent the pp yet because they are going to need it to pay Eric!
Bullboard Posts