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

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To: russwinter who wrote (603)12/8/2000 3:20:17 PM
From: ogi  Read Replies (1) of 922
 
Russ:

As I understand things the Ashanti payment comes after completion of a feasibility study which is awaiting permitted clearance from Gov't of Ghana Forestry dept.This I am told is imminent, however those permits will only allow Ashanti to go ahead and complete the study so we could be 3 to 6 months away from payment which may be why the stock is currently suffering more than it should, even in tax loss season.

After discussions with Vic King before he moved back to Gold Fields and considering the drill data, I am confident the current drill program has a high chance of success. Birim is just going to require more patience like most other situations in this sector. Cheers , Ogi
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