Barkerville Gold Mns Ltd BGMZF

RE:Resource Estimate

[pigbruinmcveid]

Market is owed a relook at Cow Mountain. Original interpretation is based on discredited interpretation from Peter George. His original at Rubicon was cut by 3rd party rework at BCSC request but then pre-production tests came in and a fresh look at the project cut estimates by 80% to 90% of the reworked estimates. So far Cow Mountain was cut by 3rd party rework but the like the first Rubicon rework, it is still a Peter George interpretation and odds of it not being supported in preproduction results being extremely high.

Of course Cow Mountain is still pre-scoping study so talking pre-production puts the donkey miles behind his cart.

So IMO Cow Mountain still has a Rubicon come to Jesus moment in its future.  Huge problem to get reliable estimates for nuggety deposits and Cow Mountain is a classic nuggety deposit (with lots of historic mining that cleaned out the easy picking).  Also the updated estimate could go into the whole question of permitting and the First Nations who withdrew support for Cow Mountain development several years ago.

But ignore hard facts and get into the pumper spirit here... its all good and going to well over a $1 as gold goes to $2,400... promise :)

Miner60 wrote: Can anyone tell me if BGM is planning on coming out with a new 43-101 this year? Didn't see anything on their web.