Barkerville Gold Mns Ltd BGMZF

this is not a short

[imcrazylikeafox]

.

[TradingForMe]

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[Rollercoasterblues]

Its your opinion but others  don't see that and especially now the institutions don't if you notice what has happened over the past 6 months or so with management, drilling and near future plans with drilling/production/imminent 43-101.........and when the shares were around 120M fully diluted, the company was easily less engaged in their property and more engaged with 'convincing

[hammer161]

Roller - you could at least get the numbers right. There are 259.6M OS now and another 19.3M coming for a total of 278.9M. As for Haywood saying BGM is worth $200M - you can't use the flow through issue price to set a market cap. It applies to the purchase of the 19.3M shares only. The MC now is $150M - and I share the view that this is overvalued relative to its peers - should be no more than

[chillyballs]

Arguably Hamhock161...  .70¢ is a viable share price as there were an additional 700M+ share warrants issued as a Broker payment. They were issued at the price of the issue which is 70¢ which clearly becomes a milestone in estimating MC. Now they might not get exercised for 24 months per the agreement but the way this thing is moving up along with increasing gold price... I bet they

[hammer161]

700M+ broker warrants when only 19.3M shres were in the ofering and 330M OS shares!!?? Where did you get that number? 4% of 19.3M is ~ 770,000.

[chillyballs]

Well hambone161.... if you are using M to represent a Million you would be wrong. Technically million is represented by MM while thousand is repped by M .  M meaning mille or thousand and MM being thousand thousand.   In more recent times you could also use K to represent 1,000 or 1K  but million would be 1,000K .    You will find variation such yours in the free

[hammer161]

Just to get all potential dilution in, don't forget there are some 30M warrants and 20M options floating around out there. Add up to ~330M shares fully diluted.