11:19:24 EDT Sat 11 May 2024
Enter Symbol
or Name
USA
CA



Barkerville Gold Mines Ltd
Symbol BGM
Shares Issued 126,634,706
Close 2014-08-25 C$ 0.40
Market Cap C$ 50,653,882
Recent Sedar Documents

Taylor says buy back into Barkerville

2014-08-26 17:35 ET - In the News

Jay Taylor, in the Aug. 13, 2014, edition of Gold, Energy & Tech Stocks, says buy Barkerville Gold Mines Ltd., recently 40 cents. Mr. Taylor previously said buy on Nov. 12, 2010, at $1.45 and on June 21, 2011, at $1.66. He then said sell on Feb. 17, 2012, at 84 cents. Assuming a $1,000 investment for each buy, selling at 84 cents would have yielded a loss of $945. Mr. Taylor notes that shortly after he sold his position in 2012, the British Columbia Securities Commission issued a cease trade order that nearly killed Barkerville. Although the company's "overly optimistic" chief executive officer, Frank Callaghan, may have given cause for concern, Mr. Taylor thinks that this might have been because the securities regulators were "meddling." He feels that Mr. Callaghan's predictions could ultimately prove conservative. Barkerville has "magnificent" properties, including the Bonanza Ledge mine (which just started production) and several exploration projects, all in B.C. The assets could ultimately produce over 100,000 ounces of gold a year, says Mr. Taylor. He urges readers to look past the company's battered reputation and concludes that Barkerville may end up as "one of my best picks over the past 35 years."

© 2024 Canjex Publishing Ltd. All rights reserved.