Birim Goldfields Inc. (BGI-T) Message Board

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

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To: Brian MacDonald who wrote (368)	10/14/1999 9:14:00 PM
From: Winzer	Read Replies (1) of 922

Kaiser says Birim deal a winner in spite of gold's uptick Birim Goldfields Inc BGI Shares issued 17,564,045 Oct 14 close $0.39 Thu 14 Oct 99 In the News John Kaiser, writing in the July-August Bottom-Fishing Report on Sept. 24, says Birim Goldfields is a must for bottom fishers. He says Birim has held its own very well in spite of setbacks like Battle Mountain's departure and the slump in gold prices (gold began its recent rally as he made his comments). Mr. Kaiser recommended Birim in December, 1997, at 50 cents, and in December, 1998, at 20 cents. It traded at 24 cents when he wrote his report. "The Ashanti deal just before gold takes off may seem like bad timing, but I can't think of a quicker way to cash up Birim without dilution," he contends, adding that the deal has strategic implications that will serve the company well in the long term. Birim has accepted a royalty deal from Ashanti Goldfields Co. Ltd. on a portion of the Dunkwa concession in Ghana that will result in an injection of at least $4-million (U.S.) into Birim's treasury over the next six months. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com Great stuff Brian. Looking foward to tomorrow. Winzer

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