BRALORNE GOLD MINES LTD BPMSF

Yesterdays Press Release

[miningman]

So we now have management admitting to severe cash flow problems , plus admitting that tailings pond remediation will likely consume a full 50% of recently recieved loan funds. I pointed out here several times over the last few months that they have been losing money on every ounce poured.  It is now over 10 years since I visited the area,  and at time it was visually obvious that the tailings dam had been constructed to a pitifully low elevation. It is not surprising that the mill production from the last few years has now resulted in inadequate freeboard....... no doubt Mt Polley contributed to the ministry's  concerns.

It is hard to see this operation ever being turned around by the entenched management... a complete house cleaning would be required for the investing public to take a renewed interest.

[amtbnt]

I agree with you miningman. All you have to do is check the following companies to find out. Avino, Bralorne, Levon, Coral and a few other companies share the same address in Vancouver as well as corp secretaries, CFO'S, Directors, and so on. So to expect much different from Avino running Bralorne, is pretty far reaching in my opinion. Also the tailings pond has been known about for a long

[Muck10]

Why do you have such a jadded view of the Wolfin's? It seemes to me that the management team that you are so eager to trash has been very successful with the Avino property in Mexico. They rehabilitated the mine and mill, produced close to a million ounces of silver in 2013 and are on track to tripple the mines output by the end of this year. They have kept costs very low, delivered on all of

[miningman]

 If Muck had been investing in these stocks for say 10-15 years ,  rather than less than three years...... which I suspect represents his stock market knowledge,  then perhaps he would understand why older personnel have a more jaded view of this management group.l

[amtbnt]

Hey Muck 10. I would like to say I am sorry for dashing your sadly misinformed perception of this mining group. But in good conscience cannot bring myself to do it. The why is, I have worked for them and know personally how they treat their employees and unattached share holders. To say they are a good cooperate citizen and supporting the town of Bralorne shows how little you know of them. 

[Muck10]

Hey amtbnt, Not to worry, you have not dashed my hopes whatsoever.  I think you are confused as to who has been running the company for the last 15 years and will find, along with the residents of Bralorne and Gold Bridge that an influx of capital and a fresh perspecitve will turn things around quickly. Sorry to burst your bubble, but yes Avino has been profitable and a highlight within my

[amtbnt]

Thank you for your insite. Muck 10. Like I said, I have been in and out of Bralorne a couple times so far. Have not made a big basket but have not taken a loss either. I believe you are right about the potential if it was properly handled and not just a tax shelter. I believe it has lots of gold left in the ground but does need a serious cash input. Hmmm 40 years in Mexico eh? Hopefully they

[Muck10]

My pleasure, It's my belief that the merger will be good for both companies in the long run.  I think the stock prices of both companies are being driven down by metals prices more than anything else right now. To get Bralorne running at it's full potential, a lot of cash is necesary as we both agree.The mine is not profitable at 100 tons a day as was proven over the last 3+ years

[rckbrkr]

When I wonder