Barkerville Gold Mns Ltd BGMZF

RE:RE:RE:RE:RE:RE:ill be back after the pp closes

[pigbruinmcveid]

As to the waiting for "real news"...aweel, there is news, but the public has to guess as to the "real" meaning of "As a result, BGM has reduced its debt by approximately $12-million to date in 2015." ]

Halcro,

What is the total debt remaining after the reduction? And what was the base from which the reduction was made? And which debt still remains, mostly how much is still owed to Sprott?

IMO the news release is a bit of slick business. Nothing un true was ever said but there are huge holes from which the unwary can make incorrect inferences.

My favorite "virtual porkie" so far is the 270% increase in Indicated ounces.  Totally correct the a more accurate headline would have been to show 1.7M ounces moved from the Inferred category to the Indicated category. That was the real work and achievement.  IMO stating it as 270% increase falsely implies new gold discoveries where as the realtiy is that no new gold was discovered but rather uncertainly was removed surrounding some of the previously discovered gold.

Call me old fashion, but I really dislike anything that smells of "pumping it up" and the new management team is in danger of trigger a few "virtual pumping" alarm bells if they continue on their current path.  JMHO of course. I 100% believe that in the strictest sense everything posted by new management is accurate (but easily misunderstood IMO).

But I digress... need to stay focused on "not typiing" and waiting for that next news release to figure out if there is a play here.