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

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To: Yen l. Ouyang who wrote (116)8/30/1996 10:32:00 AM
From: LaFayette555   of 10482
 
Sorry to rain on your parade guy's, but I hear from
reliable sources that in view of recent results production
costs for the deposit would be $340 us/oz, (very high).

Instutution are bailing out 'en masse' and dealers having
done the recent share issue are freaking out totally. They
are presentely trying to support the stock around the
issue price. How long will it hold is anybody's guess.

If the next results dont show higher grades, watch out!

In the mean time, IMO, the stock will trade lower.
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