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Gold/Mining/Energy : BIG I DEVELOPMENTS (BID.V)-worth a shot @ .15 cents??!!
NTR 53.35-2.2%12:52 PM EST

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To: larry who wrote ()4/29/1997 11:13:00 AM
From: Kent C.   of 40
 
Hi Larry, there BID looks very interesting. There are approximately 11m shares out, trading some nice volume today. MKT CAP looks like it is only $2 million (approx). Could have the potential to be closer to $5 m which would make it a $0.45 stock. I'm not too familiar with any of the plays BID is involved in. Unfortunately Canadian plays lack "sex appeal", with this in mind, I would think that BID is a speculative buy at these levels but I wouldn't expect to see it over $0.30 until they get some inital results (it is very early in the exploration phase right now).

Do you know what there budget is for exploration?

cheers
Kent
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