Value Microcaps Junior Miners

[GoldenKnight]

BGM.V I think will be the big winner after a long string of losers working the old Cariboo gold rush area. They have consolidated it all.

CEO recently bought stock:
http://www.canadianinsider.com/coReport/allTransactions.php?ticker=wyg

Their market cap is only $30m. They do have mine startup risk (February) and it's unclear how skilled of operators they are.

It took $40m to build the QR mill that they recently acquired (Kinross built it) and almost another $40m was spent on further development.

My first buys:
Filled Buy 100 IWGFF Limit 0.6965 -- -- 14:14:45 01/07/10
Order No. 5930976311 -- Entered:14:14:42 01/07/10 Reuse

Filled Buy 500 IWGFF Limit 0.6965 -- -- 14:14:44 01/07/10
Order No. 5930976311 -- Entered:14:14:42 01/07/10

Filled Buy 2500 IWGFF Limit 0.6965 -- -- 14:14:44 01/07/10


The CEO has been working the area for years and has taken lots of heat but it appears they are finally in a position to capitalize from all their work.



http://www.google.com/finance?q=cve%3Awyg

http://www.barkervillegold.com/s/Home.asp