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Gold/Mining/Energy : Bema(Bgo) and Arizona Star

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To: Anthony Wong who wrote (63)8/17/1996 8:48:00 PM
From: Sleeperz   of 10482
 
Yes Intstitions are anxious to find the Next AQP or BRE-X but
remember Cartaway and Freidlands ING. IPOd @ $15 they could have sold lots more where is it now, $10-$11. Brokers are just selling into the
strength of BGO. BGO still has risk in it, the low grades and
the DEEP pit required for mining and over 100 Million shares out standing now. BGO is capitilized over $1Billion. They don't have that
much gold existing production.

cliff
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