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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 Rollercoasterblueson Feb 22, 2016 3:39pm
232 Views
Post# 24582845

RE:RE:RE:RE:RE:RE:RE:BNN

RE:RE:RE:RE:RE:RE:RE:BNNSo, our valuation by the market  is now at $125 USD company......is that enough? With all of this exposure now to us being an undevaled company.....I suspect we will run past a dollar  easily....

1-2 million indicated means at $1200 US GOLD = 1200X 1000000= 1.2 billion valuation by the gold in the ground but take in the costs......we are way undervalued if we can get the gold out at $900 USD cost........so we are worth $300 X 1000000 ozs......I suspect that the market run up will gravitate to this number which is $300 Million valuation  divided by 250 million shares fully diluted which means about $1.20 per share or much higher if we proven up more gold.....and if the price of gold edges up at least $100 more per oz....

Nice problem to have.......so it seems like there is a bit of a race now on the buyup of shares to lock in the value at cheap prices given the legitimacy of those in charge, the drill results and the associations with Sprott and Osisko.......also, insiders are buying this up too!


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