Birim Goldfields Inc. (BGI-T) Message Board

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

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To: winzer5 who wrote (888)	9/6/2003 4:07:37 PM
From: Stephen O	Read Replies (1) of 922

In this week's Investor's Digest of Canada there was an article by John Embry on the cover. He mentions one stock and says the following: "Birim Goldfields Inc. (BGI-TSX, $0.60, 800-721-8611, www.birim.com) is particularly interesting at this time because it has sold its Dunkwa property in Ghana to Golden Star, as well as Ashanti Goldfields' Mampon deposit royalty commitments owed to Birim, for a cash payment of US $3.4 million and a sliding scale royalty depending on gold price." "The money will permit Birim to aggressively explore its Bui structural belt, the last major unexplored Precambrian greenstone belt in Ghana. Birim controls virtually the entire belt." "To have a fully funded junior operating in a very prospective area like Ghana while sporting a minuscule market capitalization of slightly more than US$12 million strikes me as a good opportunity." (John Embry is president of Sprott Asset Management, and manages the Sprott Gold and Precious Minerals Fund.) ***************** BGI.T closed at $0.92 CDN yesterday. The above I C & P from Precious and Base metals thread

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