Why Longwave Likes BGM

IAN GORDON, Longwave Group (10/29/2010)
"On the blue-sky exploration front, a 3,000-meter drill program is underway with drilling to begin soon on the Grouse Creek zone which is adjacent to the Bonanza Ledge zone and is on geological trend with Bonanza Ledge, Cariboo Gold Quartz and the seven past producing mines. Surface samples taken last year returned up to 313 g/t, making this an exciting exploration program.

The company has also recently announced yet another exciting discovery area near the Bonanza Ledge proposed high-grade pit. Trench samples here have graded over 80 g/t gold and the company is currently awaiting drill permits for this area. Barkerville offers shareholders gold production generating cash flow now, highly prospective ounce expansion and exciting exploration upside with a very small market capitalization of $68 million."

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