Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 PruneFaceon Dec 16, 2014 7:29pm
172 Views
Post# 23237991

RE:RE:New Directors Hired today already know the 43-101 numbers

RE:RE:New Directors Hired today already know the 43-101 numbers First, GoldenArrow is history in my book. Second, and way more important to me is the appointment of these two as directors. Gibson is CEO of SGR and KER who are on the verge of bankruptcy and who are supposedly going to merge on the basis of 1 KER for 3 SGR. SGR attempted to be a 100,000 oz/yr producer, hemorrhaged dollars for 8 years and still can't get it right. Now they want to downsize to 25,000 oz/yr in an attempt to be profitable but carry a $55 million market cap and a $70 million debt. Gibson was brought in as CEO, a savior, after being appointed to the SGR board. Being the CEO of KER, his idea is to couple one loser with a huge debt that can't make a profit with another loser, KER, whose claim to fame is a mine that is in mothballs. Remember American Bonanza and the wondrous Copperstone mine? It is currently in mothballs and requires significant capital (evidently nobody knows exactly how much) to resurrect. Gibson issues shares like toilet paper. Anyone owning shares in those two companies is hooped IMO. Lakeshore with Makuch is IMO a perennial loser who has evidently turned a profit for the first time but is another high cost low margin producer. I am extremely disappointed in Sprott if these are indeed his selections to lead BGM forward, but he has big stakes in both SGR and LSG, so I guess he has picked his puppets. It appears a certainty that at some point BGM will be rolled together with these two piles of sh%t making an even bigger pile of sh%t, requiring share consolidations and huge financings which will be difficult to place even at pennies. It wouldn't surprise me to hear the names Ginn and Pirie as consideration for CEO. I'm outa here tomorrow. Hopefully the SP doesn't gap down on the open. Good Luck and Good Night.
Bullboard Posts