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

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To: Terry Swift who wrote (8075)10/27/1997 9:05:00 PM
From: jfrancis  Read Replies (2) of 10482
 
Ok Terry, it has bappened. I've held bgo for months through the announcements, potential buyout and thinking no matter what it will be at least $7 before the end of the year. Now Placer buys them out on the biggest stock market drop in years and bgo's just a fizzle. Looks like I'm going to have to hold it long term, but would you share your perspective on what this deal means for Bema's share price over the next few months and next year. Is Bema now totally dependent on the pog for any share appreciation? Thanks Terry, your opinion is always helpful to me.
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