Post by
halcro on Mar 23, 2016 11:44am
Rubicon update
..."Rubicon will go down as a cautionary tale in the Canadian mining sector. The company, which raised more than $700 million from investors, rushed into construction of the Phoenix mine without even doing a feasibility study (which would have provided a deeper understanding of the deposit)...."
Rubicon Minerals Corp warns significant doubt it can survive after breaching loan covenant
Peter Koven | March 22, 2016 12:57 PM ET
https://business.financialpost.com/news/mining/rubicon-minerals-corp-warns-significant-doubt-it-can-survive-after-breaching-loan-covenant
Comment by
halcro on Mar 23, 2016 1:30pm
BGM's 2016 priorities: https://www.barkervillegold.com/assets/docs/ppt/bgm_obradovich_deck-02.29.2016.pdf 1 COMMENCE SMALL-SCALE PRODUCTION AT BONANZA LEDGE AND BC VEIN 2 UPGRADE, DEFINE, AND EXPAND COW MOUNTAIN RESOURCE AND INITIATE FEASIBILITY STUDY 3 DEVELOP REGIONAL TARGETS THROUGH GREENFIELD EXPLORATION