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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
Post by GoldExecuteon Apr 01, 2015 11:34am
179 Views
Post# 23586811

New management - lessons learned?

New management - lessons learned?

So, the good news is that hopefully the new management understands the importance of having a good resource in which to move forward.  PLEASE understand, this management (at SAN GOLD) used P. Georges original resouce that called the grade at 2X.X grade to develope a mine, once in production, it was discovered this resource was off by as much 10x... yes ten times.  Going from 2X.0 to 2.x is a cluster fudge and makes underground mining imposible... Hence San Golds Bankruptcy.  

 

I don't really know anything about the new VP Exploration, but at least he is independant of San Gold / PG/ etc and I am sure he plans to keep his reputation as a QP valid and in good standing...  

Bullboard Posts