Bema(Bgo) and Arizona Star Message Board

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

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To: Phil Varichon who wrote (7988)	10/26/1997 5:41:00 AM
From: George Mousis	Read Replies (1) of 10482

Phil Good points Phil- a buy and hold strategy is not necessarily the best approach with junior resource companies. Dont bother with Terry Swift he is guilty of the same dogmatism that he comdems the bears for. About 1 year ago I tried to warn investors like TS on this thread not to fall in love with BGO and AZS- and I was criticized harshly for it.Talk on the thread then was a $30.00 + /share takeout of AZS. Aside from the low grades,what worried me then was how Clive Johnson dumbed half his holdings of AZS at $15.00 per share soon after the $14.00 private placement of AZS with BGO.Some suggested on the thread that if BGO were willing to pay $14.00 oer share for AZS then it must be worth much more Takeover talk of BGO is wishfull thinking- a plea by shareholders to save a sinking ship. There are better Gold companies and even better industries for that matter to invest in right now George

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