Birim Goldfields Inc. (BGI-T) Message Board

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

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To: ogi who wrote (882)	8/20/2003 10:57:09 AM
From: jacq	Read Replies (2) of 922

BGI just reported that they have concluded their deal with Golden Star Resources for 3.6 million plus a net smelter agreement tied to the price of gold. This is quite positive for Birim in that it gives them steady cash flow which they have certainly needed for a number of reasons. Exploration and development of their other interests for one. As the previous contributor mentioned the Brex debacle left quite a stench with the market for a number of years. Golden Rules announcements shortly afterward didn't help either. The stock touched $0.74 briefly and is now up 4 cents at $0.67. I believe that we are going to see a better price than this in the not distant future.

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