| From: howestreetbull | 12/17/2014 9:05:27 AM | | | | | | BGM.v Gold Summary for Dec. 16, 2014
2014-12-16 21:03 ET - Market Summary
by Stockwatch Business Reporter
Frank Callaghan's Barkerville Gold Mines Ltd. (BGM) added two cents to 26 cents on 227,000 shares, after the company appointed two experienced gold miners, Greg Gibson and Tony Makuch, to its board. Mr. Gibson was the man behind Trelawney Mining and Exploration Inc., when Iamgold Corp. bought it for $585-million in June, 2012. When he first joined Trelawney in 2009 the stock was barely trading at 1.5 cents. He rolled it back 1:5, raised almost $200-million and reported several pleasing rounds of assays from the company's Cote gold project in Ontario. After selling Trelawney to Iamgold, he joined Martin Shefsky's Northern Gold Mining Corp. (NGM: $0.015), where within his first three months he had raised almost $30-million, and had boosted the stock to 45 cents from 20 cents. Mr. Gibson left Northern Gold in May, 2013, just 10 months after joining. This past summer he joined San Gold Corp. (SGR: $0.05), where he is now trying to make the company profitable from production at its Rice Lake gold mine in Manitoba. The possibility of profitability increased greatly last fall, when founder Hugh Wynne retired at the age of 81. Under his leadership, San Gold was spending up to $5-million a quarter on services from the Wynne Group of companies. These services are now provided by other vendors, according to the financial statements for the first quarter of 2014 (ended June 20); San Gold spent nothing at the Wynne Group in its first quarter, down from $4.9-million for the same period in 2013.
Tony Makuch is a mining engineer who runs Lake Shore Gold Corp. (LSG: $0.76) and its Timmins mine in Ontario. There, he completed a successful mill expansion last year, which has brought all-in cash costs down to $860 an ounce from $1,300. Lake Shore is one of the few gold stocks up this year, having risen from 42.5 cents last December. The company recently sold 12.9 million flow-through shares at $1.17, raising $15-million for more exploration in Ontario.
Both men are welcome additions to Barkerville's board, which also includes Frank Callaghan, Norm Anderson, Dave McMillian, Drew Rees and Elena Clarici. The company has been struggling after bringing its Bonanza Ledge mine in British Columbia to production in July. It has said disappointingly little about production since pouring its first Bonanza Ledge gold bar on July 25. This was the bar Mr. Callaghan held high along with his right index finger signifying No. 1. Four days later, he stepped down as president and chief executive officer, and director Anderson thanked him for his 23 years of "selfless hard work and care." Mr. Callaghan remains a director, but Barkerville has since hired Ms. Clarici as interim CEO. She is a mining engineer from Serbia, and has been busy infill drilling and reporting reassays from old Bonanza Ledge core. Needless to say there is a great deal of old core to reassay and this work has become the subject of the company's news rather than any production figures. Ms. Clarici has also managed to renegotiate with the company's lender, Eric Sprott. He lent Barkerville $15-million last fall so it could bring Bonanza Ledge to production. The company was supposed to make its first of three payments (each valued at 4,200 ounces of gold) on July 31, 2014, but it has yet to come up with either the money or the gold. The payment has been extended to Jan. 28. Directors Mr. Gibson and Mr. Makuch should be able to help Barkerville raise some much needed money because the company is also in great need of credibility which they both have. |
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| From: howestreetbull | 1/13/2015 9:42:24 AM | | | | | | BGM.v Executive Officer Appointments
V.BGM | 1 hour ago
(via Thenewswire.ca)
Vancouver, British Columbia / TNW-ACCESSWIRE / January 13, 2015 / Barkerville Gold Mines Ltd. (the "Company") is pleased to announce that Greg Gibson has been appointed as the Chairman of the Board of Directors of the Company (the "Board") and that Thomas J. Obradovich has been appointed President and Chief Effective Officer of the Company.
Tom Obradovich has more than 30 years experience in mining exploration, development and financing. He is President and Chief Executive Officer of Canadian Continental Exploration Corp., and he was one of the key individuals behind Aurelian (acquired by Kinross Gold Mines for $1.2 billion in 2008), which discovered the Fruta Del Norte gold deposit in Ecuador. Mr. Obradovich was also the co-founder of Canadian Royalties Inc., which discovered and developed the Raglan south nickel belt. Mr. Obradovich acquired most of the Matachewan gold camp and, through a reverse takeover of Young-Davidson Mines Ltd., upgraded and doubled the resource which was subsequently acquired by Northgate Minerals in 2005. In 2011, Mr. Obradovich was appointed to the board of Dalradian Resources Inc. and he was appointed Chairman in 2012. Dalradian is currently developing the mesothermal high grade Curraghhinalt gold deposit in Northern Ireland.
Greg Gibson, who was appointed to the Board on December 16, 2014, has more than 30 years of mining industry experience in Canada, the USA and Australia. He was President and CEO of Trelawney Mining and Exploration during the discovery and advancement of the Cote Lake South gold deposit near Timmins, Ontario, and the subsequent acquisition of that company by IAMGOLD Corporation in June 2012. Mr. Gibson is most recently CEO of San Gold Corporation and President and CEO of Kerr Mines Inc., a director of Mag Copper Ltd. and a director of SGX Resources. He previously held the position of President and CEO of Northern Gold, which raised $28 million in mid-2012 during tight market conditions. During his career, Mr. Gibson was mine manager at Yilgarn Star Gold Mine in Australia, Copper Mines of Tasmania and the Chester Gold Project in Timmins, Ontario. He has been a contract manager, foreman and miner at various contractor mining companies including JS Redpath and Dynatec Mining Ltd.
The Board sincerely appreciates the prior efforts of each of Dr. Elena Clarici and David McMillan, in their respective roles as interim Chief Executive Officer and President of the Company, in moving the Company positively forward during this time of transition and reorganization.
On Behalf of the Board
"Greg Gibson"
Chairman of the Board
About Barkerville Gold Mines Ltd.
Since the mid-1990s the Company has focused on exploration and development of gold projects in the Cariboo Mining District in central B.C. The Company's mineral tenures cover 1,164 km2 along a strike length of 60 km and approximate width of 20 km, including the Cariboo Gold Project, the Bonanza Ledge Gold Project, the Barkerville Mountain and Island Mountain exploration targets and seven past producing hard rock mines. The QR Property was acquired in February 2010 and includes a 900 tonne/day gold milling facility and a permitted gold mine located approximately 110 km by highway and all-weather road from the Barkerville Gold Camp. In November 2010, the Company acquired a second permitted mill currently on care and maintenance in Revelstoke, B.C. The Company has completed significant drilling and exploration programs and, together with the historical data, is compiling all information to determine the geologic models and updated technical reports to continue with exploration and development of the Cariboo Gold projects.
Cautionary Statement on Forward -Looking Information
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
Copyright (c) 2015 TheNewswire - All rights reserved.
TheNewsWire
January 13, 2015 - 8:00 AM EST
Tags: GOLD |
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| To: Rocket Red who wrote (1) | 3/17/2015 4:29:34 AM | | From: ayeyou | | | | How did this Snowden report you eluded was due in November turn out???
| From: Rocket Red | 9/19/2014 9:31:22 PM | | of 38 | | | Snowden report expected in Nov
Earlier will be a bonus |
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Hurry up and ban me before I quiz you on your PAW pump and dump that you banned me from that board for. We should hash that one out on RTT probably. No one in their right mind comes to BGM board. LMFAO !!!
"I thought you dumped" still LMFAO over that one.
How did PAW go from $100 Billion dollar deposit to 1 1/2 cents??? LMAO !!
Response from Rocket Pumper
LMFAO !!! thought you dumped...LOLOLOLOL
Heinz knowing he bagholder...
| House Positions for C:PAW from 20150316 to 20150317 |
| 1 Anonymous | 1,083,000 | 16,385 | 0.015 | 20,000 | 300 | 0.015 | 1,063,000 | -16,085 | | 68 Leede | 100,000 | 1,500 | 0.015 | 0 | | 100,000 | -1,500 | | 79 CIBC | 16,000 | 240 | 0.015 | 0 | | 16,000 | -240 | | 80 National Bank | 15,000 | 225 | 0.015 | 0 | | 15,000 | -225 | | 95 Wolverton | 500 | 10 | 0.02 | 0 | | 500 | -10 | | 7 TD Sec | 12,000 | 180 | 0.015 | 1,206,500 | 18,240 | 0.015 | -1,194,500 | 18,060 Rocket Red | | TOTAL | 1,226,500 | 18,540 | 0.015 | 1,226,500 | 18,540 | 0.015 | 0 | 0 |
Sell your SN and your MBC Heinz cause he going to string you on them too !! AHHHH never mind too late SN turned into 1 for 10 piece of rollback garbage and MBC is stuck in 4 cent swirly prior to being flushed.
Red is on new one now SVV that he stole from RMF . Watch for the pump on that one. Red was loading up today so tomorrow SVV should be worth about $40 billion ..LMFAO !!!! Red is TD buyer here as he was the million share dumper on PAW. Sorry Beat up by the Street thread bagholders but thats how they play the game over there.
| 2015-02-27 15:57 | SVV | 0.055 | SEDAR Interim Financial Statements | SEDAR Interim Financial Statements | | 2015-02-27 15:57 | SVV | 0.055 | SEDAR MD & A | SEDAR MD & A |
| Recent Trades - Last 10 of 66 |
| 15:43:02 | V | 0.04 | 0.005 | 5,000 | 143 Pershing | 1 Anonymous | K | | 15:19:10 | V | 0.04 | 0.005 | 500 | 7 TD Sec | 7 TD Sec | K | | 15:19:10 | V | 0.04 | 0.005 | 2,000 | 7 TD Sec | 1 Anonymous | K | | 14:45:41 | V | 0.04 | 0.005 | 15,000 | 7 TD Sec | 1 Anonymous | K | | 14:45:41 | V | 0.04 | 0.005 | 15,000 | 7 TD Sec | 1 Anonymous | K | | 14:45:41 | V | 0.04 | 0.005 | 10,000 | 7 TD Sec | 1 Anonymous | K | | 14:45:41 | V | 0.04 | 0.005 | 30,000 | 7 TD Sec | 1 Anonymous | K | | 14:45:41 | V | 0.04 | 0.005 | 30,000 | 7 TD Sec | 1 Anonymous | K | | 14:45:41 | V | 0.04 | 0.005 | 31,000 | 7 TD Sec | 1 Anonymous | K | | 14:44:15 | V | 0.04 | 0.005 | 14,000 | 7 TD Sec | 1 Anonymous | K |
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| To: Rocket Red who wrote (40) | 3/17/2015 9:53:39 AM | | From: ayeyou | | | | | Odd there was big corporate update today and not one word mentioned about Snowden report. Definitely something up there. I think Snowden may have walked. Either that or report was not what they were looking for or expecting to see so they quashed it. |
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| To: Rocket Red who wrote (42) | 3/17/2015 10:33:44 AM | | From: ayeyou | | | | I will get my interpreter to decipher what you just posted there..sounds like you are saying that management has the Snowden but chooses not to release it which is what I said when I said they dont like what they saw so they quashed it.
what this means I have NO clue...this release was know long ago
they were mining the rest of the 21,000 tons
Its not like management goes out to the pit and digs it with shovels , what has that got to do with releasing the Snowden or not??
Its OK to say " I dont know " Red , its better then just throwing shit against the wall and seeing if any sticks. |
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