DISCOVERY BOARD ~ PRECIOUS METALS ENERGY URANIUM OIL Message Board

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Gold/Mining/Energy : DISCOVERY BOARD ~ PRECIOUS METALS ENERGY URANIUM OIL

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From: PaperPerson	9/11/2011 3:18:53 PM
	Read Replies (2) of 4690

BGM UPDATE: there are quite a few assays pending that were delayed at the lab, as Per this early sept. Release. barkervillegold.com A few really good assays could juice the stock this fall, taking it north of 2.00 and keeping it there. I do not see much downside -maybe 1.60 falls to 1.40 if all the assays are crap. also, i really liked this other sept. announcement that they had acquired more property. not real sure where it is, but it is connected to the other properties they own. they have assembled so much land i am starting to think i am ok with the fact that they dont own 100 percent of all of it. barkervillegold.com What I do not see is cash flow from that remote mill they own. Were they not supposed to be trucking good ore there by now from the BGM pit? BGM Charts are quite different , comparing daily and weekly. Daily chart, On Balance Volume is very weak. But on Weekly chart, which is more directive, OBV is very strong. stockcharts.com BGM weely chart shows strong accumulation. The price has drifted down close to the one year moving average. this looks like a great inflection point for buying Barkerville, which contimues on Its path of becoming a junior gold. producer. BGM is also a likely acquisition candidate because of is extensive highly promising gold properties in a onetime gold rush area. stockcharts.com

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