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

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To: Bat Man who wrote (586)7/11/2000 12:06:00 AM
From: russwinter   of 922
 
This play is far from over, in fact is still quite promising. But in this market you've got to come up with spectacular not good numbers. I think the best bet for BGI is to sell the company (at a premium) to a major or mid tier outfit looking for a significant quality entree into Ghana. Not so sure this step by step drilling program (unless they really get lucky) makes sense anymore for the shareholders. Prospect development in this neck of the woods takes time and money which only larger outfits have.
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