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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 halcroon Feb 17, 2015 5:12pm
72 Views
Post# 23437526

RE:Not Looking So Good For Gold

RE:Not Looking So Good For GoldPoor old BGM just can't seem to win for losing, LOl.

Iffin BGM were producing gold, then the cost of producing that gold would go down because the Canadian dollar is weaker. Of course, as the Wank et al have been telling us, BGM ain't been mining gold since the first week of December, and isn't expected to start up mining again until March (God willing), and the QR ain't been milling gold since January, and likely won't start up again until after enough BL ore can get over the QR some time after the BL's March start up (God and the tailing pond inspector willing).

In the meantime, the lower gold price is offset by the higher US dollar, and that 8,335-ounce, cash-cost Sprott nut just keeps on ahanging overhead (just like the wishing star).

Bullboard Posts