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Gold/Mining/Energy : Birim Goldfields Inc. (BGI-T)
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To: baystock who wrote (644)7/11/2001 8:06:19 PM
From: russwinter  Read Replies (2) of 922
 
$40 million refers to NEM's hypothetical expense to buy back a $10 million exploration expense. I also doubt BGI has any interest in a JV now. They will want to control the pace.

But back to the here and now, Mampon. I don't think this is going to be a small surface oxide deposit (what ASL is looking for, and pretty aggressively I might add), and that's why I'm salivating about these coming drill results. I guess we will just see tomorrow, but IMO we will be looking at more than $4 million (150,000 ounces) for the feasibility royalty. Or maybe this is a hype job? Or maybe it will be another blockbuster and nobody will care? Me, as usual I'm feeling lucky in the Dirty Harry sense of the word.
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