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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 GoldExecuteon Mar 04, 2015 12:02pm
110 Views
Post# 23488645

RE:John Kaiser at the PDAC

RE:John Kaiser at the PDACHere is the full version of the story.  I wonder what company falls in this "“How bad is this situation? The companies that have negative working capital are trading below 30 cents, totaling almost $3 billion to service providers, to the executives’ salaries – this money will never be paid back in cash,” he said. “It will be settled for paper, which will then be rolled back and then it is just going to vanish. This is a huge hit to the system right now,” he added"

https://www.kitco.com/news/2015-03-02/3-Billion-In-Junior-Companies-Working-Capital-To-Vanish-John-Kaiser.html

Worth a read.
Bullboard Posts