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

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To: jfrancis who wrote (8198)11/1/1997 10:05:00 AM
From: todd wiseman  Read Replies (2) of 10482
 
To all, If you feel the share price is low now, wait till bgo makes a share swap buyout for azs. BGO will have afloat of about 140-160 million shares out standing. With one part time producing mine, a low POG and alot of investers looking for the exit, things don't look good. At this point bgo will offer all us lambs one new bgo share for two old reducing the number of shares to 80 million. The thinking being they will stablize the share price. But with two years to wait to see if pdg still wants cc the stock has only one place to go. This is my worst nightmare. I've expressed this point before but got very little responce. Now it's starting to look like it may come to pass.
I'm a very dissapointed shareholder at this point.

Todd.
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