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Banks Island Gold Ltd BKSLF

Metals & Mining Gold Industrial Metals & Minerals
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

Banks Island Gold Ltd
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Comment by amtbnton Jan 27, 2015 3:59pm
139 Views
Post# 23369402

RE:RE:RE:RE:RE:RE:RE:commercial production

RE:RE:RE:RE:RE:RE:RE:commercial production
I have been told they are having some problems with tailings containment. They also will have to spend some money on things on the Inspectors list of out of compliances items. I am also told there is a new inspector doing the road trips up in that area. He seems to be very interested in this project and is asking questions. My personal opinion is they will still have to raise a lot of money through more dilution, (tough to do at 10 cents) followed by a reverse split. So I continue to wait. Even though I have indicated I am a buyer at .10, I think this stock may go even lower. Glad I got out when I did and feel sorry for the ones that are holding long. But that is the gamble we take playing the juniors. GLTA
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