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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
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Comment by Mining_Engineer_UBCon Jul 06, 2015 11:56am
76 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.
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