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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 > A warning for Gold Bugs: This rally won't last
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Comment by halcroon Apr 04, 2016 1:02pm
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Post# 24728284

RE:RE:A warning for Gold Bugs: This rally won't last

RE:RE:A warning for Gold Bugs: This rally won't lastGold Prices 'Consolidate' as ETFs Sell, 'Could Test Support' Below $1200 Submitted by Steffen Grosshauser on Mon, 04/04/2016 - 13:22

GOLD PRICES edged lower to $1216 per ounce on Monday morning in London, writes Steffen Grosshauser at BullionVault, but held above Friday's near 6-week low as the US Dollar traded around 5-month lows on the currency markets.

Major government bond prices also slipped, nudging yields higher as European equities gained over 1%.

China's stockmarkets and the Shanghai Gold Exchange were shut for the Ching Ming festival.

"We could see the markets start coalescing around expectations that the Fed will now put a rate increase back on the table," reckons US brokerage INTL FCStone's analyst Edward Meir, "perhaps for some time in May or June

"Gold could fall below $1200 soon and test key double-bottom support at around $1170-1175."

https://www.bullionvault.com/gold-news/gold-prices-040420161

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