Birim Goldfields Inc. (BGI-T) Message Board

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Gold/Mining/Energy : Birim Goldfields Inc. (BGI-T)

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To: Baba 2 who wrote (292)	9/23/1999 11:25:00 PM
From: Brian MacDonald	Read Replies (1) of 922

Baba2, GSR still needs 50,000 ounces from 'oxide' gold ore to meet their commitment to their bankers. BGI has property just adjacent the Bogoso mine and they know that the ore body trends onto Birim's property. Finally, they know that there is at least 60,000 oz. of proven 'oxide' gold close to surface. What could be simpler than a deal that gives GSR the gold in exchange for money at $US 25-$30/oz.? Hence, if this happens, GSR gets the gold they need to satisfy the bankers, BGI gets another financial shot in the bank account and even the bankers will be happy since GSR gets to meet their obligation to them. Still have to wait for this to take place, but it looks like it's a 'no brainer' to me. Brian

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