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Barkerville Gold Mns Ltd BGMZF

Metals & Mining Industrial Metals & Minerals
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

Barkerville Gold Mns Ltd
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Comment by pigbruinmcveidon Oct 02, 2015 12:08pm
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Post# 24157396

RE:RE:RE:SMH

RE:RE:RE:SMHNo production any time soon.  LOL. Understatement when you consider the actual per ounce losses at $1500 C gold.  At $2400 C might be interesting again... 

halcro wrote: From the May 31, 2015, M D & A:

After the results obtained as at February 28, 2015...management decided to stop production and to put Bonanza Ledge under Care and Maintenance, this decision will be revised as soon as commodity prices increase to a level where this project can be economical.

The price of gold at Feb. 28, 2015, was $1,214.00 (U.S.).

Yesterday, it was $1,113.50 (U.S.), a drop of $100.50 (U.S.), or 8.2 per cent.

Doesn't look like there'll be any production any time soon, as there are no economic reserves in the BL and snow will be falling pretty soon.

IMO, the only hope is for next year's turnip crop and prices.



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