Barkerville Gold Mns Ltd BGMZF

RE:RE:my prediction over $1. end of the month

[halcro]

No way is BGM's share price going to see $1.00 by the end of the month. With only five more trading days, and having shed five cents in the last five trading days, there's no way that BGM will bust the one-buck barrier.

IMO, I think that we'll be into the 40s by next week.

halcro wrote:

halcro wrote:

beatmesilly400 wrote:

Based upon what?

Gold production?

Since BGM opened on March 1, 2016, at 60 cents, it touched 61 cents and retracted to 51 and is presently at 54 cents.

That's a loss of six cents (10 per cent).

Gold opened at about 1,245 (U.S.) on March 1, touched $1268 today and closed at 1263. That's a gain of .014 per cent, yet BGM shed 10 per cent.

Not that BGM produces any gold and, according to the latest financials, it won't be back into mining /milling until the 3rd quarter of the current fiscal year, which would be Sept. to Nov., 2016.

So...what will bump the price up by 46 cents (85.2 per cent) over the next 21 trading days?

Beatmesilly, it looks like your prediction of $1.00 by the end of March is just totally silly.

Here it is, almost a third of the way through March, and BGM is having a tough, tough time hanging on to 50 cents, never mind rising to a giddy $1.00.

That's down 11 cents from March 1 (18 per cent) on volume of 4.8 million.

Volume today is way down, so maybe the flavour of the month has turned sour, hmmm?