Barkerville Gold Mns Ltd BGMZF

Mkt cap increase by $78 million in one month?

[MWeiser]

BGM - ~260,000,000 shares o/s

Jan @ $.23 = ~$60,000,000 mkt cap
Feb @ $.53 = ~$137,000,000 mkt cap

anyone able to explain the aditional $78,000,000 in one month

[Risk_Assess999]

Sprott's repositiing work on BGM over the past couple years is just starting to pay off.

[Rollercoasterblues]

Sure, I'll try to explain the situation and conservatively.........gold at +$1600 CDN....allin production costs are around $1000-1100 per oz. or much less now that oil is so low......which leaves a valuation of $500-600 per oz profit on >1 million and up to 5 million oz of gold indicated so if we go conservative.....this stock should be valued at $500 million market cap which means around

[Risk_Assess999]

I eventually see a buyout here for aprox. $1.5 billion .... which will put aprox. $660 million gross profit in E.S.'s pocket .... just remember to keep Callahan far far away from the kitchen.

[hammer161]

Basis for your "valuation"? You are predicting a $5 -$6 dollar buyout based on current issued shares. 100% speculation - nothing more.

[Risk_Assess999]

Just getting rid Carnival Barker Callahan & his Standard Drilling Scam alone is probably worth close to $2 per share.

[hammer161]

Gone long ago and already factored in - try again.

[Risk_Assess999]

Not priced in .... nobody has wanted mining stocks for the past 3 years (until just 3 weeks ago) .... without a 2-bit con-man screwing everyone over this stock can actually go somehwere now.

[hammer161]

Keep on smoking that crack Roller - up to 5million indicated - ?? From where? All in costs from $1000 - 1100 Oz Cdn? Where are you pulling these "conservative" numbers from? Don't answer that because we all know where!! If you want to believe these numbers that you make up you are best to keep them to yourself rather than ending up screwing other investors by misleading them.

[pigbruinmcveid]

Yes the BL mining experience proved just how efficient mining might go. But the big elephant on the table is of course the Trust Fund Millionaire PM and the new concept of Indiginous License. Remember Prosperity and New Prosperity. Well even under Harper it never got to the open pit stage. Now if you read some of the words coming out Trudeaus mouth and from the mouths of the so called FN chiefs,

[hammer161]

Part may be the increase in gold price, or the closing of the previously released NSR deal which was probably already factored in. Other than that no news to explain the >100% increase. Lots of specualtion though.