RE:RE:RE: GOLD IS NOT THE PROBLEM ........IT'S THE CURE.halcro wrote: GoldExecute wrote: One huge issue Rockcod... BGM did not even mention that they were working with Snowden on a revised resource... SEE the latest MD&A.... Not one mention of a new 43-101. You can't get a golden egg from a stuffed Turkey!
Fishy is all smell and smoke. The fact that in the first three quarters of the year the production has been less than
one-fifth of the news-released expectation of 50,000 ounces per year; that the cost to produce has been 150 per cent of the revenue; that the BL mill has been shuttered since the first week of December and ditto for the QR mill since January; and the load and road restrictions are expected to come early this year hasn't reduced his BS output one bit.
He's a real chimp's chimp: When reality bites, bite back with more BS!!! Dear old Fishy expects the Sprott money machine to advance more money; forgo (or forgive) payment of the $16-million gold loan; and maybe advance enough cash for a 10-cent dividend for long-suffering bagholders.
The bullboard would like to thank fishy et al for their continuing support.
2010-09-15 07:53 ET - News Release
Mr. J. Frank Callaghan reports
BARKERVILLE POURS FIRST GOLD BAR-FULL SCALE GOLD PRODUCTION ACHIEVED
Barkerville Gold Mines Ltd.'s QR mine manager, Kevin McMurren, has reported to the board of directors that the company's first gold dore bar was poured last week on Sept. 8 weighing 314.1 troy ounces (9.77 kilograms). In addition, continuous, full gold production has now been achieved at the QR mine and mill in central British Columbia.
The next gold dore bar, approximately 500 ounces, is planned to be poured on Thursday, Sept. 16, with the company planning to pour gold dore every five to six days.
On this basis, the company is looking to produce 50,000 ounces of gold in its first year of production. The QR mill will be initially run at a 600-tonne-per-day rate, ramping up to capacity over the next several months. The QR mill is currently being fed with ore from the newly developed 915 stope. Orica's i-Kon digital blasting system was used to ensure successful initial production blasts opening the stope, resulting in minimal dilution.
Preproduction mine development continues toward the west side of the West zone. This ore is the down-dip extension of the North Lobe pit. It is expected that this development will be in North Lobe ore within the week. Surface-definition drilling has recently been completed in this area. An underground diamond drill will be in later this week to complete the definition drilling of this ore zone to finalize planning of the North Lobe production stopes....
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