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Barkerville Gold Mns Ltd BGMZF

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

Post by mullatschakon May 06, 2018 4:39am
349 Views
Post# 27988307

Step by step

Step by step
heading to 4 mio ounces measured, indicated and inferred, seems to be a first significant milestone to me. I'tll be easy from here for BGM to expand this data. But next milestone should be, building up a resource from existing data. Each positive milestone coupled with potential extension from ongoing drilling shall bring its gain from actual turnaround situation. To be hones, from all the discussion here, some waited for dramatically higher MI/I data. But BGM needs to do upbuild the resource in a manner, which could be validated and which leaves the room for building up a mine and not for hype. Hype could only lead to an early takeover. In case of an early take over, shareholders cannot not participate in full potential of this project. I'm not a fan of it... I see the path. This is important to me. I used the depressed shareprice to add some percentage to my actual holding, also hoping for higher Gold Prices. We'll see, how things work out for BGM in the future. In my opinion, we have a solid base from here. Management will do anything, to generate shareholder value. They have own interest in it. Let's wait it out.
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