Wednesday, October 9, 2013

J. Frank throws a keggar - BGM.v trading

MORE THAN a year in the twilight zone and MORE THAN a half price sale now (100% BECAUSE of J. Frank's black soul) and what NEWS does career value creationist J Frank have for his minions?

"Barkerville Gold Mines Ltd. and its subsidiaries have entered into a $15-million gold loan facility with 2176423 Ontario Ltd., which the company is informed is controlled by Eric Sprott, pursuant to the terms and conditions of a credit agreement dated Oct. 8, 2013. The facility was advanced by the lender on Oct. 8, 2013, in a single advance of $15-million in accordance with the terms of the credit agreement, which funds are held in escrow until the company's common shares are reinstated for trading on the TSX Venture Exchange, which is expected to occur on Oct. 9, 2013."

It matters not what price level this doomed and ridiculous equity is on any given day ... its going down and a body doesn't need to be a freakin rocket scientist to make that deduction. J Frank truly epitomizes what the Venture exchange is all about.