Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Jul 05, 2015 5:36pm
90 Views
Post# 23893232

RE:RE:RE:RE:RE:RE:Sedi says

RE:RE:RE:RE:RE:RE:Sedi says",So many things to do and so little money and interest from the usual suspects... :)"

Zero resources, the bleak financial picture painted in the just-released, February 28, 2015, year-end financials, and the mothballing and the recent writing down of the QR and BL assets would have chilled my blood and would have had me reaching for my sell button if I were a BGM bagholder (which I'm not, fortunately)...however, these three insiders and Sprott's 2176423 Ontario Ltd were motivated enough to ignore the mayhem and reach deep into their own pockets.

Brave folks, IMO.

However, the bravery of others doesn't often motivate other punters to be as brave with the contents of their pockets...especially since every recent financing and paper-for-debt settlement is underwater.

Leading by example doesn't even work with lemmings, as the leaders are just as dead as the followers, and the ones who are alive are the ones who didn't go off the cliff and into the sea.

IMO, mergers and acquisitions, mergers and acquisitions. Heaven knows, there are certainly enough mining properties affiliated with BGM insiders/directors and management that could be cobbled together to form a conglomerate; however, evaluating those properties and then swapping paper to bring them together could be quite dilutive and, in the end, if none of them can produce gold at under $1,500 (U.S.), why bother with the exercise?
Bullboard Posts