Barkerville Gold Mines Ltd

The Company sampled three trenches, which totaled 55 meters long, to provide metallurgical and ore zone data for oxidized mineralization at bedrock. The trenches ranged from 5.5 to 11.3 metres wide at the toe and were from 4.6 to 6.1 metres deep.

Just had lunch with Dean and Spiro. I really like the story and I really like the people involved. I will do a bit more DD over the w-e, but I think that this is a very compelling story.

  • The cap structure is tight and the s/o is low
  • $13MM in the bank and roughly $0.40/share cash flow as production began in Fen 2010
  • A resource base that is small, but has very strong historicals which will be expanded on.

For a mkt cap of $50MM, this looks very interesting indeed.

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Justice
City
Montreal
Rank
President
Activity Points
10961
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Date Joined
10/12/2007
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Barkerville Gold Mines Ltd
Symbol
BGM
Exchange
TSX-V
Shares
227.44M
Industry
Metals & Minerals
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