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Gold/Mining/Energy : Birim Goldfields Inc. (BGI-T)
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To: Winzer who wrote (296)9/28/1999 3:05:00 PM
From: Buckey  Read Replies (1) of 922
 
Winzer - In the Ashanti deal - above and beyond the $4MM injection which I am sure will happen now BGI is worth about another .7 of a cent for every dollar gold is above $300 based on 600,000 ounces up to a maximum of gold price of $350. meaning all else equal and we know this one is undervalued that if gold were to get to $350 then BGI should be trading at at least $0.65 -

I bought it today
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