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Gold/Mining/Energy : Phoenix Gold Resources (V.PHO)

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To: virginijus poshkus who wrote (57)6/17/1997 9:27:00 AM
From: Ron Struthers   of 285
 
Vargas, people are sceptical about BGO's Cero Casale. It was the same thing with Refugio, low grades, high altitude etc. and now there is a multi-million oz mine producing 100,000s ozs/yr. at Refugio

I think what will make the market move is a takeover of Arizona Star. This is how BGO will bring in a senior partner. Don't be surprised if a major goes for the whole thing. BGO has some other nice properties as well

Ron
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