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Barkerville Gold Mns Ltd BGMZF

Metals & Mining Industrial Metals & Minerals
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

Barkerville Gold Mns Ltd
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Comment by hammer161on Jan 15, 2015 12:27am
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Post# 23321507

RE:As for bashers whining about bgm's debt ? Read this....

RE:As for bashers whining about bgm's debt ? Read this....
Wango, If it ever gets to $1.00 I am sure all of the share holders will really appreciate that dilution hit 0f 40%. You are assuming that they are not already getting further in debt, which they may well be. Making "more" money? - we still need to find out if they are making money now. Considering that they amended the mine plan to get higher grade now they may well have left only lower grade material and will need a big pit wall push back with a high strip ratio on top of that to get it out. Your scenario is of course just your fantasy - several of you seem to be expecting multi-bagger results soon - I am hard pressed to think of any other projects that have done that recently.
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