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Bullboard - Stock Discussion Forum 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... see more

OTCQX:BGMZF - Post Discussion

Barkerville Gold Mns Ltd > BGM is Worth?
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Post by Bigdeposit on Oct 15, 2017 10:55am

BGM is Worth?

What happens if in fact they come up with 2 million ounces? With the current POG around 1300, they would probably be netting out over $300 an ounce in profits. Do the math! There might be many more ounces coming from this property. Almost impossible to value an exploration company like this at this time. As long as they keep on drilling and finding gold, then I will continue to be a buyer. IMO, there is still lots of upside as long as gold remains strong.
Comment by Bywrong on Oct 20, 2017 6:54pm
Do the math......I can...... can you? Cow Mountain gold isn't worth anymore $$ in the ground than elsewhere....and with a NDP Gov't in BC, married to the Greens & FN.......perhaps worth a lot less !! What happens if in fact they come up with 2 million ounces? Only 2M oz....BIG BLOODY HAIRCUT IN SP IS MY ANALYSIS.  $300 an ounce in profits. Point us towards the Bankable Feas ...more  
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