SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Bema(Bgo) and Arizona Star
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: George Mousis who wrote (585)10/27/1996 12:08:00 AM
From: Daytek77   of 10482
 
George

Perhaps Clive feels that by disclosing Bema's intention to increase their position it reaffirms his confidence in the company and the project and that in turn would create a calming effect on both stocks. Further, this public announcement would not go unoticed by those company's eyeing this project from a distance (Teck, Barrick etc..)

If Bema's ownership of the property increases and further drilling makes it clearer to most that this is a world-class mine in the making that would be most beneficial to Bema. The potential cost to acquire Arizona's interest will be much greater than today. This move then would be considered shrewd in retrospect

Tony
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News