No news is NOT good newsThirteen long days ago (16 cents and 57.1 per cent ago spread over volume of 5,392,162 shares), and Stockwatch hasn't revisited the new, improved, BGM?
It's either shame, shame on you, Stockwatch, for ignoring the Miracle of Meaningless Volume, or else good on you, Stockwatch, for waiting for something material to be released.
2016-02-05 20:23 ET - Market Summary
by Stockwatch Business Reporter
Tom Obradovich's Barkerville Gold Mines Ltd. (BGM), up 3.5 cents to 31.5 cents on 570,000 shares, has closed the final tranche of its placement with Sean Roosen's Osisko Gold Royalties Ltd. (OR: $15.64). Osisko has bought a total of 32 million flow-through shares at 32 cents, adding $10.24-million to Barkerville's treasury. It also acquired a 1.5-per-cent net smelter royalty on Barkerville's Cariboo gold project in British Columbia at a cost of $25-million. Further, once Barkerville delivers a feasibility study, Osisko and Barkerville have agreed to negotiate a gold streaming deal. Osisko also gets two seats on Barkerville's board and one of the fellows, Chris Lodder, has been appointed president. (Mr. Obradovich remains CEO.)
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