Bema(Bgo) and Arizona Star Message Board

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

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To: charred who wrote (7823)	10/19/1997 9:15:00 AM
From: John Soileau	of 10482

charred said: <<Wayne and Gary, $14.00CDN you are dreaming. Where did you get this number? Please don't mis-lead other investors?>> Simultaneously, on the OROPERU thread, charred said: <<Geneat, here is how I came up with my potential $2.00CDN value: 1) Tres Cruzes 2 million ounces: 50% interest=1 million ounces x $50.00US per ounce=50 million market cap based only on this property. I do not know the reserves.>> Hey charred, why can't we use the same methodology YOU touted Oroperu with when discussing CC and Bema's other assets? Using your method and assuming a ridiculously conservative 15 million oz demonstrates that BGO is extremely undervalued. Or is there something special about Oroperu's operation in Shining Path land that makes it less risky than CC et al? Just asking.

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