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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

Comment by pigbruinmcveidon Jan 13, 2016 1:58pm
147 Views
Post# 24454617

RE:Greetings from Otto ...

RE:Greetings from Otto ...Otto, It is also worth noting that PG did 43-101 resource estimates for San Gold. And we all know how well that worked out... so lets see the PG record

Goldcorp - Bruce Channel (in Red Lake), no specific details but G.TO is blowing chunks big time, no doubt partly due to huge overspend in Red Lake and poor ore results.

Rubicon - Once a $5 stock, today 3 cents. Once 5M ounces inferred, today, 300K.

San Gold - bankrupt although they had a great resource estimate from PG...

Barkerville - draw your own conclusions... will it be a goldcorp that struggles and makes it or will it go the route of Rubicon and San Gold?  IMO, 3 cent shares in BGM is still a very realist probability when gold hits $8xx levels, probably in the next 24 months... and certain fat uncles, you know the one on the Forbes Billionaire drop-off list, will be court fighting creditors....

JMHO... do your own DD :)

RomanGod wrote: Greetings from Otto ...

Peter George has been a naughty boy 

Posted: 12 Jan 2016 06:30 PM PST

My thanks to reader K for the headsup on this one. Check out this little section of this news release dated January 12th 2016 (your humble scribe's highlights):

Mr. Peter Thomas George, P.Geo., was the QP for the Barkerville Project in B.C., owned by Barkerville Gold Mines Ltd. Faced with a public hearing, Mr. George entered into a Consent Order with APEGBC by which Mr. George admitted to unprofessional conduct in producing a substandard technical report for Barkerville Gold Mines Ltd. that failed to meet the requirements of NI 43-101. 

Mr. George also admitted to producing two substandard technical reports for Rubicon Minerals Corporation for its Phoenix Gold Project in Ontario. Mr. George must pay a fine of $15,000, costs of $20,000, and is subject to a number of conditions on his membership with APEGBC, including the requirement that he not perform mineral resource or reserve estimations as defined by NI 43-101.



Barkerville, ya say? failed to meet 43-101 requirements, ya say? And Rubicon, ya say? Problem with the geological model at Phoenix, ya say? Now why does that one suddenly spring to mind...



Oh by the way, Peter George is the vary same geol who brought us the Pretium (PVG) gold resource numbers but hey....fuggetaboutit.

PS: Reader MZ also reminds your author that Peter George was the man behind the Sans Gold resource. Spot any connections yet, Canada? 
incakolanews.blogspot.ca


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