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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
Comment by yaponskion Jul 11, 2014 2:20pm
217 Views
Post# 22737725

RE:RE:RE:RE:The long and winding road

RE:RE:RE:RE:The long and winding road
halcro wrote: Sheesh, here it is, four days after the company advised that it had contracted for a fleet of up to 15 trucks to move ore north from Bonanza Ledge to the QR mill in Wells, and there's nary a word about any ore making it out of Wells (the website is totally devoid of any new pictures since May 18).

Rumour that a test load went south instead of north and ended up in Cache Creek is still that (a rumour); however, the share price has also gone south, with the daily lows going lower every trading session.

While the cost of putting 15 GPS units on 15 trucks would not be too onerous, microchipping and GPSing every one of the 126.6 million shares would not only be incredible expensive but would likely be also incredibly futile: Mr Market doesn't seem to like anything at all about this tired old promotion.

Maybe it's time for the young blood to be given a chance? Put Sean Callaghan in as CEO and President, and have J Frank Callaghan focus on the 2014 Xmas decorations which will grace the executive suite at 675 West Hastings Street?







In addition to the trucks making to the QR mill there is the more serious question of what happens when the BL ore is put through the QR mill? 

What are the initial recoveries?

How much adjustment time is required?

Who has the right knowledge to make the mill adjustments? Remember the mill was already setup for QR ore when purchased. Running an existing mill that is correctly setup is an easier problem then reorking an established mill.  Comments from the boots on the ground crew reading this...

And TIA to the BBoS who will no doubt be publishing all my typos etc.  I remeber that Halcro has on occasion done the same for you and that must have really hurt your feelings since you've not started doing to me... since Halcro don't make no typos...

And finally a shout out to Freddy stone pile.... who long will this southerly march contintue there  Freddy?  ... and with POG up so very nicely as well... well maybe there is just a shortage of shares for sale so share price march north once those free trading shares hit about mid July.... acktun baby :)

Bullboard Posts