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

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To: John Soileau who wrote (9830)2/4/1999 11:02:00 PM
From: Peter Neidhardt   of 10482
 
Ideally I think (many disagree) that BGO is a really good buyout opportunity right now. Now because of Refugio but because of their other great projects. A bigger company like Barrick, Placer or Battle Mountain could scoop up Bema at a good price and when gold recovers, these big guys have very nice properties to mine.

Good properties in the long-term for short-term low prices. Makes sense. Heard some people throw around Kinross. I don't think Kinross would buy Bema, at least not for Refugio.

Pete
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