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Gold/Mining/Energy : Bema(Bgo) and Arizona Star

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To: John Soileau who wrote (8018)10/27/1997 9:55:00 AM
From: virginijus poshkus   of 10482
 
John, i fully believe placer has purchased the property knowing full well that they have only upside ahead. once and if the gold price rebounds we can have a move in bgo as well as ecm, who will now be the focus of bgo efforts. right now we are in a time frame where pdg will probably prove up a lot more gold along the properties involved. also, look at it this way, what othe gold deals have been announced since gold swooned to $307, no major ones that i can think of. so you have to take what ever comes along, if you think it can help your company going forward. pdg gets a grass roots property and bgo saves cash and can move ahead at refugio and venezuela. overall this is a plus deal to be involved with pdg. secondary to this, does this mean that pdg is giving up on las christinas?

vargas
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