Bema(Bgo) and Arizona Star Message Board

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

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To: John Soileau who wrote (8018)	10/27/1997 9:56:00 AM
From: the Chief	Read Replies (1) of 10482

What does this all mean!!!! It appears PDG has JV'ed WITH AZS and BGO for expenditures of about $800,000,000 they get 51% of Cerra Casale production. BGO/AZS then split(49%) the remainder, 49/51% . The sale of the BGO/AZS shares at $7.50/$6.20 doesn't seem to be impacting the market. AZS is up a nickle and BGO about .10 cents !!!! So am I missing something here ? Has the market looked at this as being a reduction of 5,000,000 ozs of gold for both BGO and AZS and are not considering any benefit to the advancement of this project ??? I am confused, for the 83rd time on Bema !!!! the Chief

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