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Gold/Mining/Energy : Bema(Bgo) and Arizona Star
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To: james flannigan who wrote (7913)10/22/1997 5:15:00 PM
From: Ken Benes  Read Replies (1) of 10482
 
James:

This bit of news would seem to confirm what the market has been telling us for the past six months. Unfortunately, for most members of this board, we have been relying on BGO's version of the deposit and their other activities in Chile. Slowly, we are beginning to find out, that they may in fact have been torturizing the truth. I am sad to say that the lack of candor they have had about their recent drill operations, the performance of the Refugio, and the status of dealings with other companies, has also been applied to the CC. For myself, these past three months have been ringing bells loud and clear about this company. World class 20 million ounce deposits, do not depreciate the way BGO has without some serious questions being raised in investors minds.

Ken
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