Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
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

Privacy Policy | Disclaimer

Sign In

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

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
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

Banks Island Gold Ltd BKSLF

Metals & Mining Gold Industrial Metals & Minerals
Banks Island Gold Ltd is a gold producer with its operating mine in British Columbia, Canada. The Company also engages in the acquisition, exploration and development of mineral properties.


GREY:BKSLF - Post by User

Banks Island Gold Ltd
Bullboard Posts
User Avatar Image
(2)
•••
Comment by Mining_Engineer_UBCon Jul 06, 2015 11:56am
77 Views
Post# 23894840

RE:RE:RE:? for M_E_UBC?

RE:RE:RE:? for M_E_UBC?They receive 90% of the payment when the ship leaves Banks Island/Prince Rupert, and then the last 10% +/- is received 60 days later based on the final assays and average gold price over that time period. I don't think cash is tight anymore though depending on your definition I suppose! But they are definitely making money now and overall outstanding bills continue to drop.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities