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Gold/Mining/Energy : Bema(Bgo) and Arizona Star
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To: Perry who wrote (7933)10/23/1997 11:24:00 AM
From: charred  Read Replies (1) of 10482
 
Perry, I don't smoke. What I meant is that in order to preserve their market cap, they need to continue with the project. The market cap is based on this asset. If it was uneconomic their best assest would worth nothing which would cause massive selling. Therefore to spend 20 million to save 300 to 400 million of market cap is a good idea. Again maybe on completion of the final study the POG may be higher, this would certainly help. Perry a better response is Charred you don't know what you are talking about and here is why: rather than say that I am smoking something funny. Why do you think that?

I am not a negative thinker. All the positive thinking will not bring more ounces of gold closer to the surface. However positive thinking will allow you to continue to search for better opportunities.
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