OTCQX:BGMZF - Post by User
Post by
Packersoneon Apr 11, 2017 11:45am
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Post# 26107006
From Norther Miner Article
From Norther Miner Article An analyst report from Haywood Securities, which initiated coverage of Barkerville on March 30, agrees that the previous resource estimate for Cow Mountain is “technically deficient.” The report predicts that Cow Mountain’s resource could drop to 750,000 oz. gold in the new resource estimate, whereas Island Mountain could contain upwards of 1.25 million oz. gold.
The firm speculates the property could be an “acquisition target for a producer looking to add to its long-term project pipeline,” and values Barkerville shares at $1.