So it looks like Sprott's lending facilities are meant to crush the value of gold mining companies that are meant to facilitate development. Barkerville is your case in point.

Remember that with GBN.V, there's been a beneficial change of ownwership according to the clauses of the Waterton agreement, which closed May 9.

http://ceo.ca/2014/07/29/controversial-promoter-frank-callaghan-is-finally-out-as-ceo-of-barkerville/