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Barkerville Gold Mines Ltd V.BGM

Sector: Metals & Mining | Sub-Sector: Gold
Alternate Symbol(s):  BGMZF

Barkerville Gold Mines Ltd is engaged in the acquisition, exploration, development, production and sale of gold mineral properties in Canada. Its operating properties include; Bonanza Ledge, Cariboo Gold Quartz, Island Mountain, and QR Mine & mill.
Price: $0.465 | Change: $-0.005 | %Change: -1.06%
Volume: 27,297 | Day High/Low: 0.47/0.46 | 52 Week High/Low: 1.00/0.30
Barkerville Gold Mines Ltd > When is Snowden report coming ? anyone...OT
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When is Snowden report coming ? anyone...OT

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June 10, 2014 01:41 pm


GRF on the move

Patience everyone...Summer will soon be over and we will all know more

Great Great Great Hunting

Mike






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RE:When is Snowden report coming ? anyone...OT

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June 11, 2014 08:21 am

There were  50,000 assays being redone/added/review and so far they done about half. The expectation are about October for the assays and Snowden report shortly after. The 73500  BL based on 120 days  to ship and about 150 days  to process should be done by October. This is heading for October is prime time. 


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RE:RE:When is Snowden report coming ? anyone...OT

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June 11, 2014 09:54 am


Will Snowden accept BGM shares or do they want cash for their work? TIA
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RE:RE:RE:When is Snowden report coming ? anyone...OT

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June 11, 2014 10:09 am

Parsnipguy wrote:
Will Snowden accept BGM shares or do they want cash for their work? TIA


Bwahahahahah Parsnipguy...that was hilarious!! I may have judged you wrong....you are a funny guy....
....Oh wait..What!!  That was a serious question....???  Nevermind.... you are just dumb...and nothing close to original... another Halcro minion!!!

However...short of the new resource report...nothing will happen here until the end of summer....just like the rest of the sector.... BUT with a new report here and nothing going on anywhere else in the sector per every summer gold doldrum...... this could get very interesting...eh Yappingonly!!

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RE:RE:RE:RE:When is Snowden report coming ? anyone...OT

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June 11, 2014 10:22 am


You must have missed news a while ago where 7 creditors accepted shares for debt..Yes 7 at 50 cents over 3 million issued.Pay attention to past news rather than name calling making yourself looking even dumber.You are the dkfoolish that changed your name before right for p[osting somewhat bad stuff you ewere not supposed to?? Gold three million shares for debt 2014-05-12 16:10 ET - Shares for Debt The TSX Venture Exchange has accepted for filing Barkerville Gold Mines Ltd.'s proposal to issue three million shares at a price of 50 cents per share to settle outstanding debt for $1.5-million. Creditors: seven The company shall issue a news release when the shares are issued and the debt extinguished. © 2014 Canjex Publishing Ltd. All rights reserved.
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RE:RE:RE:RE:RE:When is Snowden report coming ? anyone...OT

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June 11, 2014 10:36 am

Well look at you sitting in front of the machine waiting to respond.... lonely life.
....and no...I did not miss the news.... you even stated that they 'accepted' the shares as payment.... I must have missed the part where it said they were 'forced' to accept payment.... so these guys are either really  stupid per your take on it.... or brilliant!!

No need to respond.... I am signing off for another few days but I will drop by again to witness how limp the veggies have become....

I can see it now.... Halcro will respond quoting your response to me.... then Yappy will pile and say some irrelevent and redundant stuff and then maybe hammer will join in and pretty soon you guys got a good ole chin wag going.... must be an unusual on line conversation when you could simply look over the partion at halcro and yappy desks desk and chat in person.... Toodles  ...
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June 11, 2014 10:37 am


hahahahahahaha.....nailed it!!!
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RE:RE:RE:When is Snowden report coming ? anyone...OT

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June 11, 2014 10:32 am

Parsnipguy wrote:
Will Snowden accept BGM shares or do they want cash for their work? TIA


The May 31, 2013, financials show trade payables of $8.8 million, and three-month consulting fees of $131,633 tucked away as exploration expenses and $70,785 as corporate expenses.
 
The November 30, 2013, financials show trade payables of $8.6 million, and nine-month consulting fees of $725,359 tucked away as exploration expenses and $125,625 as corporate expenses.
 
The six-month bump of $649,000 would have included Snowden/Apex fees. During that six-month period BGM received $16.5 million in loans from Sprott (used to repay the Bank of Frank, due-to/due-from related party loans, a $1.5 million loan to Sprott and trade payables and operating expenses).
 
Inasmuch as the trade payables balance remained fairly static during the six-month period (and also because neither Snowden/Apex took paper for debt), it would be safe to presume that Snowden/Apex got paid their invoices on their normal terms (likely 30 days). It would also be safe to presume that if Snowden/Apex have continued to perform consulting work since November 30, 2013, then their bills would also have been paid within their normal credit terms (30 days).
 
There are likely still thousands of core samples still to be reassayed and plugged into some database before consultants can come out with a comprehensive report which includes all drill samples, Snowden/Apex likely will only deal with the package after the whole package is assembled.
 
I’d presume that Snowden/Apex have very competent credit departments which assess their clients’ ability to pay, and prepayment is always an option.
 
As to BGM shares-for-debt paper (especially four-month-frozen paper)...aweel, if we can see the drop of 50 cents to 32 cents taken by the most-recent paper-for-debt punters (and neither Snowden/Apex took part in that deal), then you can be sure that Snowden/Apex will see it also and will be most likely to ask for payment in the coin of the realm.


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RE:RE:RE:RE:When is Snowden report coming ? anyone...OT

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June 11, 2014 09:10 pm

Parsnipguy wrote:
Will Snowden accept BGM shares or do they want cash for their work? TIA


 


The May 31, 2013, financials show trade payables of $8.8 million, and three-month consulting fees of $131,633 tucked away as exploration expenses and $70,785 as corporate expenses.
 
The November 30, 2013, financials show trade payables of $8.6 million, and nine-month consulting fees of $725,359 tucked away as exploration expenses and $125,625 as corporate expenses.
 
The six-month bump of $649,000 would have included Snowden/Apex fees. During that six-month period BGM received $16.5 million in loans from Sprott (used to repay the Bank of Frank, due-to/due-from related party loans, a $1.5 million loan to Sprott and trade payables and operating expenses).
 
Inasmuch as the trade payables balance remained fairly static during the six-month period (and also because neither Snowden/Apex took paper for debt), it would be safe to presume that Snowden/Apex got paid their invoices on their normal terms (likely 30 days). It would also be safe to presume that if Snowden/Apex have continued to perform consulting work since November 30, 2013, then their bills would also have been paid within their normal credit terms (30 days).
 
There are likely still thousands of core samples still to be reassayed and plugged into some database before consultants can come out with a comprehensive report which includes all drill samples, Snowden/Apex likely will only deal with the package after the whole package is assembled.
 
I’d presume that Snowden/Apex have very competent credit departments which assess their clients’ ability to pay, and prepayment is always an option.


 
As to BGM shares-for-debt paper (especially four-month-frozen paper)...aweel, if we can see the drop of 50 cents to 32 cents taken by the most-recent paper-for-debt punters (and neither Snowden/Apex took part in that deal), then you can be sure that Snowden/Apex will see it also and will be most likely to ask for payment in the coin of the realm.


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