Barkerville Gold Mns Ltd BGMZF

RE:Are we done yet?!?!?!?

[hammer161]

Where are the plans discussed that state a new plant is in the works for the 2018 - 2020 timeframe, let alone moved up? The latest corporate presentation says 2021. About right if the resources/reserves pan out and all design, permitting, environmental goes well starting early to mid 2018. I suspect a bit ambitious. They are not going to build a new mill unitl they have the ounces they want to support it and a study that says it it economic. From my discussions with BGM perssonel at two different shows this last year, they want a minimum of 2 million ounces indicates to move ahead with a feasibility and a new plant. I know a lot of you think they already have that several times over but remember that the last resource of 5.5 Moz was unconstrained. Constraining the resource properly to the narrow high grade style of mineralization will change things condsiderably. Just look at the old stope outlines - small high grade lenses along the strutcure - BGM modeling indicates the same.