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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 Flintstone60on Jan 29, 2015 6:00am
138 Views
Post# 23375825

RE:RE:time to wake up people enough bs !!! here the facts

RE:RE:time to wake up people enough bs !!! here the factsRealistic calculation Heinz.
From July - december we had an average POG of CAD 1350. Since January the POG in Canada went from CAD 1400 to CAD 1600. So BGM will get CAD 200 more per ounce. From what I heard, is, that mill did produce till mid January and is now in maintenance mode. So, maybe for a part of the production they could achieve higher prices. 
Also we can assume, that after ramping up the production in the first months, the cashcosts will further decline. The price for fuel also declined, a big cost factor in mining industrie.
HUI and XAU is increasing slightly since january 2015. The mining industrie is now, after years of weakness, again very attractive for Investors. So, this year we will hear again of big mergers and acquisitions.

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