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

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Comment by bxjuon Jan 26, 2016 6:39am

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Post# 24493072

RE:RE:RE:RE:RE:RE:RE:BGM Article Currently on SH Homepage

pigbruinmcveid wrote: And yet, the fact remains that a current Forbes Billionaire drop-off list member is the major shareholder in BGM.

I mean if billionaire drop-off list members don't know value when it is looking them in the face then who does?

The story was about a bogus report and a very over the top detailed promotional news release that said they had added over 10mm oz of COMPLIANT gold and the long running promotion that went with it, the stock was .30 shortly before and climbed close to $2 on the news only to close somewhat lower. About a year later a revised report lowered the inicated gold to about 1/10 of the bogus report. It was about very unethical and apparently illegal stock promotion since they were fined but a pittance compared to the $ lost. It is not about the potential of the project. Now close to half of the company is owned by insiders and those that still own shares from 2012 have been seen substantial dilution.