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

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To: gold$10k who wrote (659)8/1/2001 9:25:04 AM
From: russwinter   of 922
 
Ghana is attempting to light a fire under the industry. The new President is pro-mining and pro-capital. I think it's embarrassing to them that a country once known as the "Gold Coast" is falling behind Mali and Tanzania. Just in case anybody doubts if I'm a believer, I own about 2 1/2% of this company now, and may go to 5 if they get their ASL check and the price sits here. Anybody wants out at 22 cents, I'll take it. Noted this news release.

"Elsewhere in Africa, It has been reported that the Ghanaian Government has recommended that the local mining code should be revised. The code currently calls for a minimum government holding of 10% in every local mining company; this is expected to be reduced and a team from the World Bank is due in the country in August to finalise plans, with the possibility of implementation of the new laws by the end of this year."
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