Barkerville Gold Mns Ltd BGMZF

RE:RE:RE:RE:Frank Callaghan

[hammer161]

Wow!!! That is a truly fantastic record!! Great to see he cared so much for his shareholders!!

halcro wrote:

hammer161 wrote:
Quite remarkable that he put together such a large ground position in this area- if it is so good where was the competition? Plenty of chances over the years for other companies to get involved but they didn't - ask yourself why. Sure FC was involved for a long time - who wouldn't when he could keep on mining the pockets of his shareholders? Halcro, I think you once calculated what a shareholder would have left if he invested $0K near the beginning before the rollbacks - a few hundred bucks?

An initial investment of $10,000 in 1992 would now be worth $1.50 (5 shares at 33 cents).

Carpenter Lake (CTA) became Wayside Gold (WAY) in 1992, and rolled back its shares on a one-for-four basis. Ten thousand shares became 2,500 shiny, new shares.

Wayside Gold Mines (WAY) became International Wayside (IWG) in 1994 and rolled its shares back on a one-for-3.7 basis. Those 2,500 shiny, new shares now became 675 tiny, shiny, new shares.

In 2005, the shares were rolled back on a one-for-10 basis. Those 675 tiny, shiny, new shares now became 65 weeny, tiny, shiny, new shares.

In 2009, the shares were again rolled back on a one-for-10 basis. Those 65 weeny, tiny, shiny, new shares now became 5 teeny, weeny, tiny, shiny, new shares.