Wednesday, December 28, 2011

BCGold Corp BCG.V

Ticker BCG.V
Current price is between $0.10
Market Cap $9.1M
Shares Out. 96.4M
Revenue (FYR) ---
EPS $-0.03



Shareholder Ownership
  • 5% Management & Directors
  • 21% Institutional
  • 8% Kinross Gold Corp
  • 66% Retail 
Why to buy?

BCGold corp was created by a proven "ore-finders" management team who have more than 30 years of exploration and mining industry experience. This team includes 3 founding board members and the VP of Exploration explored for Placer Dome Inc. (1982-2006).

Currently, the main focus is the near-term production potential on the Engineer Mine Property. The production drifts in place for Engineer Vein between 5-8 Levels and Double Decker Vein on 5 and 8 Levels. There are high-graded gold comfirmed 21 metres below deepest mine level (8 level) on Double Deck Vein. They have a permit to dewater lower most 3 levels in hand and is fully permitted with a 30tpd gravity separation mill on site.

The two recent news release:

Aug.16,2011 BCGold Corp announces trench assays up to 979 g/t gold (28.6 oz/ton) and prepares to commence milling at Engineer Gold Mine

Link to news release:
http://www.bcgoldcorp.com/index.php?id=127&news=137#pagetop

Dec.14,2011 BCGold Corp reports bulk sample concentrate grades up to 6,485.8 g/t gold (189.2 oz/ton) from engineer gold mine
Bulk SampleTonnes Milled  Concentrate Produced (dry kg)Table Concentrate Grade
Gold g/tGold oz/tSilver g/tSilver oz/t
DD Trench9.415.5379.311.1244.67.1
505-240.7167.5204.86.0231.46.7
505-3A35.5172.31,324.138.6607.717.7
505-3B68.9173.56,485.8189.2934.827.3
505-569.7228.11,382.240.3826.724.1
505-621.958.7621.218.1414.412.1
Total246.1815.6*----

Link to news release:
http://www.bcgoldcorp.com/index.php?id=127&news=145#pagetop

The 5 projects
  1. Engineer Mine Property, B.C.
  2. Minto/Carmacks Copper-Gold properties, Yukon
  3. Sickle-Sofia Property, B.C.
  4. Voigtberg Property, B.C.
  5. South Quesnel Porphyry Copper-Gold Properties, B.C.
Link to properties desciptions
http://www.bcgoldcorp.com/all_files/BCGC-Hand%20Brochure-Dec-14-2011%20low.pdf



Video Footage at the Engineer mine mill in action (Oct.06,2011)

Website: http://www.bcgoldcorp.com/index.php?id=2

You are reminded that you are responsible for your own due diligence. We share in neither your profit nor your losses.

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