Barkerville Gold Mns Ltd BGMZF

300m to make 400m

[Bever73]

Am i reading that right?

[ittwo]

the question is how do they come up with the 306M for the mine?  they only included around half the resource in the calculation and there's bound to be more gold with all the targets in their land package... but is anyone interested in taking on this project? 

[Bever73]

[Alot of money has been sunk into this company over the years.....thin margins in lotus land They need to time gold markets perfectly quote=ittwo]the question is how do they come up with the 306M for the mine?  they only included around half the resource in the calculation and there's bound to be more gold with all the targets in their land package... but is anyone interested in taking on

[hammer161]

Interesting question as to why they only used half the resources -  only answer is because the other half won't make any money. No reason to not include resources that can be converted to reseves - that would be witholdoig material information. This is exactly why BGM stock is languishing - no one beleives all resource ounces are economic. Also, keep in mind that a PEA can include