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Gold/Mining/Energy : Battle Mountain Gold (BMG)

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To: Oak Tree who wrote (122)7/30/1999 10:02:00 AM
From: Roebear  Read Replies (1) of 174
 
Oak Tree,
I like to think of it as market timing rather than luck, but in truth its probably more like the story of Mark Twains cat <gggg>.
But I am quite willing to sit on a cold stove, I am just trying to be very sure its cold and not hot.

No conclusions on the BMG DD yet, it is da***d difficult for a cyber investor to get GOOD info on a company in BMG's situation other than what is commonly available. My main concern is if BMG's debt load is not too high and if operations can continue a decent cash flow under current POG levels for a sufficient period of time if I guess wrong on the bottom and get in too early.

I will keep you informed and feel free to do the same.

Best Regards,

Roebear
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