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 > BNN

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Comment by hammer161on Feb 22, 2016 6:27pm

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Post# 24583424

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

So you value the project solely on your perceived profit per ounce? Before they are even demonstrated to be economic? The key sentence in your post is "if we can get the gold out at $900USD cost". That is a big IF. Considering the last effort on what was effectively high grade surface mineralzation ended up with a cost north of $2000/oz it looks like a pretty hard row to hoe to get to $900 - particularly as even on their own long section at Roundup the mineralizatin was shown to be is small pods. Small pods mean more dollars to develop and extract, and higher costs. In the end it will be the geology that dictates profitability - not management and financiers

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