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ONLY 82,599,803sh.have been issued,,rest in treasury,,warrants will cause more to be issued
Shared Issued 82,599,803
Fully Diluted 105,884,422
Long Term Debt Nil
Warrants/Options Outstanding:
Expiring September 14, 2011 50,000 @ $0.11
Expiring September 15, 2011 190,000 @ $0.45
Expiring October 15, 2011 100,000 @ $0.50
Expiring October 29, 2011 5,480,000 @ $0.15
Expiring October 29, 2011 2,163,100 @ $0.20
Expiring October 29, 2011 3,460,000 @ $0.15
Expiring June 19, 2012 100,000 @ $0.70
Expiring July 7, 2012 50,000 @ $0.50
Expiring August 22, 2012 556,000 @ $0.70
Expiring August 23, 2012 3,897,500 @ $0.20/$0.30*
Expiring October 29, 2012 2,743,020 @ $0.20/$0.30*
Expiring January 16, 2013 75,000 @ $0.13
Expiring October 24, 2013 815,000 @ $0.20
Expiring January 8, 2015 1,645,000 @ $0.10
Expiring January 11, 2016 1,960,000 @ $0.15
Venezuela to nationalize gold mines
http://news.yahoo.com/chavez-says-venezuela-nationalize-gold-mines-192533979.html
Patience?? I just got here! Lol. Love the potential here...
May as well post this on the U.S. BCG board also!
From another poster on another venue. BCG GLTA!
This is taken from the news release from 2007. Back then most people wouldn't have seen the significance of this paragraph but a few years later most of you should understand its importance.
"The Company wishes to inform shareholders that it has developed a formal working relationship with Mr. Al Doherty, P.Geo. of Aurum Geological Consultants Inc. and Mr. Shawn Ryan. Mr.Dougherty is project manager for BCGold Corp's Engineer Mine and Carmacks Copper–Gold Properties, the latter being in close proximity to Sherwood Copper Corp.'s and Western Copper Corporation's MintoandCarmacks copper–gold deposits in Yukon, respectively. Mr. Ryan is a renowned Yukon–based project generator and a key figure in BCGold's generative efforts."
BCG has had an on going "Yukon Generative" exploration program. This program resulted in the staking of the Minto/Carmacks Gold/Copper properties initially. The program is still on going and the only information you can find on the program is in the Investor presentation where it states the company has made 6 new gold discoveries using the Yukon Generative program.
I did not realize until reading this that one of the people that was likely involved in the discovery of BCG's 6 new gold discoveries in the Yukon is SHAWN RYAN!!!!!!!!!!!
The one time I spoke to management about the yukon generative program it was to ask when any specific or mapping information would be released on the Yukon Generative work and they told me not to expect anything in 2010. That the company planned to give investors more specific info in 2011. Well we are in the final 4 months of the year basically. So I think shareholders can look forward to some staking news somewhere in the yukon before 2011 is complete. I have a very good feeling the final 4 months of the year will be exquisite times for BCG.
Here is some more reading about Shawn in the Yukon:
News from globeandmail.com
WHEN GOLD DREAMS PAN OUT
Tuesday, August 17, 2010
Pursuing precious metal in a place made famous by the gold rush of 1896, Shawn Ryan scrimped and saved for years. Now, after many years of digging, his work has spurred a claim-staking rush and a multimillion-dollar takeover
BRENDA BOUW
VANCOUVER -- MINING REPORTER
Gold fever is gripping Yukon for the first time in more than a century following a discovery by a penniless and persistent prospector that was determined to find the source of the original Klondike deposits.
Shawn Ryan lived in a tin shack for years before uncovering the so-called White Gold district, not far from the fabled Klondike zones. While his work has yet to result in an operating mine, it has already sparked a record-setting staking rush and led to the multimillion-dollar takeover of a junior gold explorer by a senior producer.
More deals are expected as junior firms flock to the area around Mr. Ryan's findings and raise millions to finance further exploration, making big bets on what they hope will be the next motherlode of gold.
Michael Wark, executive director of the Yukon Chamber of Mines, said Mr. Ryan may in fact have discovered a source of the Klondike gold from the late 1800s, but "regardless, they have a significant gold discovery there."
For Mr. Ryan, the discovery south of Dawson City, near where the White and Yukon rivers meet, is the reward for the years spent hunting for gold in one of the world's most storied mining districts.
The area was made famous by the Klondike gold rush of 1896, but has received only sporadic attention since. In recent years, other companies came close to making the same discovery as Mr. Ryan, but walked away after running out of money or deciding other opportunities looked better.
Mr. Ryan hung in. He and his wife, Cathy Wood, and eventually two children, pinched pennies for years, surviving mostly on an annual $10,000 exploration grant from the Yukon government. Living on the outskirts of Dawson City, they paid $250 a month to rent a 365-square-foot tin shack that had served as the local barbershop at the turn of the previous century.
In 2004, after about eight years of hunching over maps and sampling soil, Mr. Ryan finally found the first signs of what he had been digging for so deeply, when assay results indicated geochemical markers associated with gold.
It took a few years for others to take notice, but now that they have, other exploration firms are flooding into the area, bringing with them a much-needed boost for local businesses ranging from hotels to helicopter companies.
The number of mining claims in Yukon surged to just under 110,000 in the first seven months of this year, about 38 per cent more than all of 2009, which itself was a record year with just under 80,000 claims.
Prospectors obtain claim tags from the mining recorder, a unit of the territorial government, then stake their claims on Crown land, in the traditional manner by using posts to mark out a rectangle no bigger than 1,500 feet on each side. Each claim costs $10 and prospectors have to do at least $100 of work a year on each claim (or pay $100) to maintain their rights to the land.
The staking rush has turned Mr. Ryan into a hometown hero. "He's a gem for Dawson," said Josée Savard, who has been operating Klondike Kate's Restaurant & Cabins with her husband in the town for the past two decades.
Mr. Ryan's story is a rags-to-riches tale of a miner's son from Timmins, Ont., who moved west as a young man for a job in the bush picking morel mushrooms. He met his future wife at work. It was when she was seven months pregnant that the two decided they needed to find a new way to make a living. Mr. Ryan, who had done some geological work for his dad's company when he was younger and wanted to go on working outdoors, decided to become a prospector.
Today, the self-taught geologist has become one of the rare prospectors to hit the jackpot. He has made millions through the share options and cash that he has received, and will become even richer if one of the properties he has uncovered turns into an operating gold mine and he begins collecting royalties on the output.
Mr. Ryan and his wife now run Ryanwood Exploration Inc., a geology consultant that has expanded to more than 50 employees.
"There haven't been too many prospectors that found a discovery that opened up a mine. That will be neat if that happens," Mr. Ryan, 47, said in a recent interview from his home in Dawson City, which he describes as an upgraded 900-square-foot shack.
The secret behind his fairy-tale success? Science, persistence and a lot of patience.
Mr. Ryan believed that the source of the Klondike gold rush was out there, somewhere. He did his homework, and discovered that the White Gold region had unique soil that provided good clues as to what might lie beneath the surface. Navigating by those clues, he dug deeper than most prospectors had in the past. Then he stuck with it, for years.
"It's just perseverance. A prospector has to believe there is something out there. Now it's just coming true. I can tell people, 'See, I told you so.' I always believed in it," said Mr. Ryan, who is moving to Whitehorse in the coming weeks with his wife and two children, now 12 and 14.
"I kind of feel like the Clampetts on the way to Whitehorse and into a bigger house," Mr. Ryan joked. The family also went on their first vacation this summer, a two-week trip to Europe.
While Mr. Ryan has become the latest poster boy for prospectors, his road to riches was long and rocky.
The first option agreement he signed with a junior mining company around 2004 fell through after less that two years, when the company decided it wanted to pursue oil and gas exploration instead. Mr. Ryan continued working the property and brought the data to a mining conference in Toronto in 2007. It was there that his work began to attract attention. One startup company, Underworld Resources, was particularly eager to get its hand on the property.
"Even though it was an early stage property (never been drilled before), it had all of the geological and geochemical indicators that I look for in a property," Rob McLeod, founder of Underworld and now head of exploration at Full Metal Minerals, said in a recent e-mail to The Globe and Mail.
"We knew that there were other junior and possibly major companies that also wanted to option the property from Shawn, so we offered a very generous deal, including a lot of Underworld shares and a good royalty. Fortunately we had the best bid, and the rest is history. Some said we paid too much at the time."
Underworld hit gold on only its fourth drill hole, an amazingly fast result in the mining business. The grade proved to be higher than expected and, as more drilling led to more positive results, the discovery caught the attention of Kinross Gold Corp., a Toronto-based producer. Last summer, Kinross perfectlybought an 11-per-cent stake in Underworld and then took over the entire company nine months later for about $138-million, a 50-per-cent premium to Underworld's average trading price before the acquisition.
His wife and partner, Cath, is vyery business savvy, and complements his technical skills"
"That made it real ... it validates the discovery," said Michael Gray, an analyst at Macquarie Securities.
It also resulted in Mr. Ryan being named Prospector of the Year by the British Columbia mineral exploration industry. "Shawn is the most talented prospector I've met in my career," Mr. McLeod said. "He uses a systematic approach, and invests his money wisely in sampling ...
While Underworld was drilling Mr. Ryan's first property, the prospector was already working on his second discovery in the area, which he optioned to explorer Kaminak Gold Corp. last year. Kaminak recently announced its third discovery on the property in the so-called Double Double zone. Its stock has climbed sevenfold over the past year to around $2.30 and the company recently raised $14.5-million to finance further exploration on the property.
Kinross said it was drawn to the area in part because of its proximity to its Fort Knox mine in Alaska. "The acquisition [of Underworld] put us in a position to be right in the middle of all of the action in the Yukon,
which is where we want to be," said Glen Masterman, vice-president of exploration at Kinross.
How soon a mine will be built on the site is unclear. Mr. Masterman said there are years of exploration still ahead. "There are positive signs the resources are robust," he said.
For Mr. Ryan, his past discoveries are just the beginning, as he continues to work on finding "one or two more" deposits in the area.
"There is more," he said. "Because it is such a new district ... we expect to find a few of these in the next few years. It's coming back again, the gold rush from 100 years ago
have patience!!
SEPERATE TRADING FROM U.S. AND CANADIAN,, 2 MARKETS ,,,, sometimes large trading on these canadian stocks isn't exactly same pps as the u.s. ,,, seeing the mm's trying their pricing games ,, IMO , 2 BOARDS CAN BETTER REFLECT PRICING AND INVESTOR INTEREST
BOTH BCGOLD CHATROOMS ARE GOOD
BOTH U.S. AND CANADIAN
THERE ARE 2 QUOTE SYSTEMS IN PLAY HERE
sweet newzzz bud > weeeeeeeeeeee
Gold price nuts: $1864
BCGOF under radar
Plenty to be excited
NEWS!! BCGold Corp. Announces Trench Assays Up to 979 g/t Gold and Prepares to Commence Milling at Engineer Gold Mine
http://www.reuters.com/article/2011/08/17/us-bcgoldcorp-shares-idUSTRE77G3EQ20110817?feedType=RSS&feedName=globalMarketsNews&rpc=43
wowww NICE VOLUME!!! ready to explode!!!
As I said, there is plenty of history in the Engineer Mine---Take a look. GLTA!
Agreed! I hope they move it all into one BCG board.
Thanks Wooley! GLTA!
Hey paps. Was wondering where you were. I thought I'd give pinkieland one more shot and it looks like things are happening with BCGOF in reading about the mining and current milling activities taking place. Have a great day and good luck!
I think mod need to request IHAdmin to merge BCG and BCGOF.
ok make me asst mod. I will work on this weekend to update the box. Thx
Good idea "mone." Perhaps the mod can get the IT folks to merge BCG into BCGOF since it is the symbol and set up a XREF if they are in fact, the same.
mod you need to update the I-BOX, many eyes now on it and looking for info in one place. Please take sometime to update. thx
Hey Wooley. Nice to see you here! Check out the other BCG board, not the BCGOF. It has a more current PPS and volume. I have owned BCG quite awhile. Take a look at the press release from the other day. Over 900gpt!! I actually added today to my already decent holdings. I have visited this mine (Engineer). It has quite a history! Alot going on in adjacent areas and I feel BCG might be getting some looks now from some of the bigger players around them. Some of those players already have a piece of the action. This is one of my long term holds. GLTU!
nice volume in Pink today
paps, folks - good morning. Is BCGOF a possible "gem in the rough?" Gold is going through the roof although the mining company that I hold doesn't seem to be keeping in step.
The other board ---BCG-----has more current PPS info on it.
agree, needs exposure.
It's still an excellent share structure for a penny gold mining stock.
Thx for clarification.
Shared Issued 82,599,803 Fully Diluted 105,884,422
Long Term Debt Nil
Warrants/Options Outstanding:
Expiring September 14, 2011 50,000 @ $0.11
Expiring September 15, 2011 190,000 @ $0.45
Expiring October 15, 2011 100,000 @ $0.50
Expiring October 29, 2011 5,480,000 @ $0.15
Expiring October 29, 2011 2,163,100 @ $0.20
Expiring October 29, 2011 3,460,000 @ $0.15
Expiring June 19, 2012 100,000 @ $0.70
Expiring July 7, 2012 50,000 @ $0.50
Expiring August 22, 2012 556,000 @ $0.70
Expiring August 23, 2012 3,897,500 @ $0.20/$0.30*
Expiring October 29, 2012 2,743,020 @ $0.20/$0.30*
Expiring January 16, 2013 75,000 @ $0.13
Expiring October 24, 2013 815,000 @ $0.20
Expiring January 8, 2015 1,645,000 @ $0.10
Expiring January 11, 2016 1,960,000 @ $0.15
Markets in RED. Great !!!!! Just when BCG was going up. It does affect BCG too much....lol
http://www.reuters.com/article/2011/08/17/us-bcgoldcorp-shares-idUSTRE77G3EQ20110817?feedType=RSS&feedName=globalMarketsNews&rpc=43
Lets not get cocky. Patience is virtue !!!
With the lattes PR the pss supposed to be at $.30
But not happening due to overall market situation.
Im afraid with markets soo down today, people might sell some of their gains to look for other short term opportunity. Else BCG would not be going down right now, not with this news.
so far I know fully diluted o/s 82 million
Management and directors 6%
Institutions 12%
Retial 73%
Kinross gold corp 9%
Fully diluted, there is approx. 105-110 million shares oustanding.
3 ounces per ton is considered bonanza grade.
979 g/ton is approx. 29.6 ounces per ton.
Did not realize there is a BCG board on IHUB. Looks like, for now at least, I am the only follower. BCG Great assay report! ----GLTA!
low profile in u.s. and don't know when news was released
let the news spread, sometime jr. mining takes time to pop up. Institutions, smart money won't jump in only on PR, they will verify the authentication of the news from various sources and then will decide to make investment.
I really don't know what is considered to be a good assay result, but 979g/per ton appears very high.
Would you not have expected a bigger pop from the news?
depends.on.style.of.mining,,,their.pr.said.almost.a.1000 g/t ,,, now that is very large for any style or speed of mining operations
You have any idea what is considered a good g/t value?
BCGold Corp. Announces Trench Assays Up to 979 g/t Gold and Prepares to Commence Milling at Engineer Gold Mine
"We are pleased with our progress and preliminary results at the Engineer Mine property this year," states Brian P. Fowler, P.Geo., President and Chief Executive Officer of BCGold Corp. "BCGold Corp. is poised to produce gold this season and is positioning itself to produce significantly more next year. This future production, coupled with Engineer's excellent exploration upside, makes BCGold Corp. a great investment opportunity and separates the Company from its peers. Any net revenue derived from recovered gold sales of the Double Decker and Engineer Vein bulk samples will be used to support further exploration and development."
http://tmx.quotemedia.com/article.php?newsid=43932407&qm_symbol=BCG
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