Bema(Bgo) and Arizona Star Message Board

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

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To: LaFayette555 who wrote (117)	8/30/1996 12:15:00 PM
From: Jon Huang	of 10482

Francois, Your reliable source might have mis-interpreted the recent results. As far as I am concerned, this is an open pit mine. Production cost around $340 us/oz??? If that's the case, the boys from BGO and AZS might as well pack up their gears and go home! The only institution that holds a large chunck of AZS is Bema, which account for roughly 30% of its stake. Yorkton Sec. and First Marathon account for another 750,000 shares or so. I doubt that Bema would start dumping AZS shares. As a matter of fact, I recall Bema bought 1 million more shares at 14/share. Well, best of Luck to all of you, Jon

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