SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Birim Goldfields Inc. (BGI-T)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ogi who wrote (604)12/9/2000 1:41:07 PM
From: russwinter  Read Replies (1) of 922
 
I've had a few exchanges with BGI, and they are going to try and shake things up. I hope so cause I own 1% of the company now (yes, I've been buying more here, a glutton for punishment I guess). They refer to new but undisclosed "developments" that will "benefit" shareholders. I haven't a clue what that means, but my guess is that a deal is coming to feed ore to GSR? They are very sensitive (no indifference at all) about the share price which is good.

I'm not sure what they can do, as only an outright private market sale that gives us "ultimate value" is really rewarded. Anything short of that (such as new discoveries, look at FGX's Marlin), substantial cash infusions and so on gets ignored in the inefficient trading market. Clearly though any larger company (or even the existing big player ASL) that desires a great entry into Ghana gets alot with Birim: excellent concessions, good feeder deposits, a nice royalty, regional knowledge base, and a treasury well in excess of current market cap after the ASL check gets cashed. The value is indisputable, it is just a question of when. Personally I'd like a five to ten bagger out of this one right now as I've quite a shopping list of other juniors I've been drooling over.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News