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Bullboard - Stock Discussion Forum PC Gold Inc Ord PCGLF

GREY:PCGLF - Post Discussion

PC Gold Inc Ord > A case study
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Post by opti007 on May 07, 2012 2:05pm

A case study

PKL independent director William Fisher is also listed as a member of advisory board of

https://www.barkervillegold.com/s/AdvisoryBoard.asp

Bakerville has an interesting development history.

007

https://www.barkervillegold.com/s/Operations.asp


« In September 1998 drilling commenced on the BC Vein on Barkerville Mountain and in March 2000 Bonanza Ledge style gold mineralization was discovered in the foot wall of the BC Vein. In the winter of 2004 -- spring 2005 an underground bulk sample of 10,000 metric tons was extracted from the Bonanza Ledge on the south west flank of Barkerville Mountain and processed at Imperial Metals Mount Polley Mine. In Sept of 2009 a positive prefeasibility was received for an open pit mine at Bonanza Ledge. In December 2011 the Company received a small mines permit to open pit mine Bonanza Ledge on Barkerville Mountain. The Company is awaiting final permits to process ore from Bonanza Ledge at the QR mill.»

Comment by Flopticalcube on May 07, 2012 2:39pm
I'd like to thank you 007 for all the work you have put into the PKL board. Much appreciated.
Comment by opti007 on May 07, 2012 4:08pm
My pleasure! 007  
Comment by phil6492 on May 07, 2012 4:31pm
Are you 007s mommy or fan club? The stock is still in the toilet, so whats he done for PKL?   If the shareholders would start voicing their opinions in regards to how this company is being mismanaged, management might get off their bums and start supporting/promoting the company.   Keep in mind, your only as good as your last movie. So far this management group is filming a stinker. ...more  
Comment by Flopticalcube on May 07, 2012 4:51pm
Easy, Phil. I said PKL board, not PKL. He has consistently posted his thoughts on the structure of the vein as well as other insights. PKL is in the toilet partly due to the poor market for PM juniors in general. I think that's about to turn around soon.
Comment by phil6492 on May 07, 2012 5:24pm
Sorry Flop. PKL Board to me is the board of directors. This is PKL blog, just for clarity.   PKL should be in the $1.50 range, considering it's assets. Do some comparison research and you will qhickly see what I mean.   Folks think that the tail is wagging the dog and are afraid to speculate. Today, around 15K traded. Pathetic.
Comment by Flopticalcube on May 07, 2012 5:30pm
I thought this was the board as in Bullboard? anyhow.... I'm not sure about $1.50 but certainly north of $1 by my valuation. Many, many good juniors beaten down here however. I'm holding shares that sell $200-$500 a day worth if they trade at all and sink lower and lower even though they hold good assets in the ground like PKL. As the buddhists say, "This too shall pass." It just ...more  
Comment by phil6492 on May 07, 2012 6:15pm
I don't disagree with you on the board thing. Both would be correct interpretations, depending on the intent of the writer. With the shafts sunk (depending on size), the Vent. raises in place, that is over $600M in expenditures that the company doesn't have to face.   Over 1M ounces of gold indicated in their 43-101 and trading on the TSE, there is no way the stock should be at 23 ...more  
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