jf:
IMO, Bema is the biggest leveraged play to the POG in existence right now. Short term, it will move with the POG. When Refugio comes back next quarter and next year, the price will move up. Also, lots of upside on what may be found on the Quebrada property. Of course, the big payoff is 3-4 years out when Casale and other deposits on Aldebaran start producing. Bema plans to have other mines in production by then also; i.e., Yarnell, El Callao, Pancho, and, at least, Q. Seca. I'm convinced they'll find more gold on the Quebrada property. Lets hope Tom Becker was right, and they've got a real good handle on what else is on the Quebrada property because they now have the money to drill.
Terry |
