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LGL8054

12/18/12 10:33 AM

#165 RE: doinit #164

I don't see the stock price going any where until they start to mine or do a 43 101 report on the Engineer Mine, I don't think that these guys are minors they are GEO's finders and pumpers and they still have to drill to find out what the really have and to do the 43 101.
From what they are PR pumping they can run the mine with one hand behind their back and be self funding, they have a small plant to get them started but need a large one to get production out. I see them bring in a partner or selling off the asset and keeping a net smelter royalty, you do know they have a 5% partner but they did say that they own 100% so I am not sure of that.

"BCGold Corp. (TSX VENTURE:BCG) is focused primarily on gold exploration and development in under-explored historic and emerging mining districts in British Columbia and Yukon. BCGold Corp. acquires and develops conceptual, early and mid-stage exploration opportunities and advances them towards resource development. Currently, institutional investors hold 21% of the Company's outstanding shares and Kinross Gold Corporation holds 5%. " with the last RS I am not sure that the institutional investors are still involved.

"Darren O'Brien, P.Geo., Vice President Exploration for BCGold Corp. and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical contents of this news release." DID YOU SEA A 43 101 REPORT YET?

But there is all kind of gold !
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=66382724

"results have returned up to 979 g/tonne gold (28.6 oz/ton Au). "
If they move the small plant inside they could work all winter or they will wait until spring IMO.