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Banks Island Gold Ltd BKSLF

Banks Island Gold Ltd is a gold producer with its operating mine in British Columbia, Canada. The Company also engages in the acquisition, exploration and development of mineral properties.


GREY:BKSLF - Post by User

Bullboard Posts
Comment by amtbnton Nov 04, 2014 6:39pm
86 Views
Post# 23094999

RE:More Questions

RE:More Questions
I don't know the answer to all your questions, but can answer a bit. They have had problems initially the DMS plant are real headache and then with the mill and floatation. These are their two biggest headaches. No problem finding the gold and no problem bringing it from underground. However they need the final product to meet costs. The plant is fairly centrally located to all the deposits. They know they have more then one type of host rock. Not sure on the difference between to two type of production announcements but do know they have a goal of a 200 ton per day process. However according to their sedar release they may need to raise more funding, (more dilution) and increase production tonnage if the price of gold continues its downtrend. Some here may not like my posts but I have been there and bought the proverbial t-shirt. They do have some good people involved, so I do hope they get a break. I continue to buy and sell their stock. Just like any other junior.
Bullboard Posts