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

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To: Lorne Larson who wrote (8093)10/28/1997 8:34:00 AM
From: the Chief  Read Replies (2) of 10482
 
The best analysis so far!!

60mm guarantees the deposit goes nowhere and guarantees PDG a way out with minimal expenses(60mm is a chump change guarantee). Shareholder approval will only be required when a "tangible asset changes hands. A right is not an asset, a promise of expenditure is not an asset. Shareholder approval will only be required when PDG "exercises the option". For the optimist good luck, but you think you got "Snowed" in Refugio last winter? Thats nothing compared to the "snowed you got for CC.

the Chief
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