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

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To: virginijus poshkus who wrote (8263)11/3/1997 12:31:00 AM
From: Abner Hosmer  Read Replies (1) of 10482
 
vargas - Placer Dome has a jv with a little company called Coral Gold, CLH.v. Coral has a property, the Robertson, adjacent and on-strike with Placer's Pipeline deposit. Placer started drilling the property on August 20. For anyone who still has the stomach for speculative mining stocks, it's worth a look. Now for disclosure, I bought 2000 shares at C$2.50 back in July. Stock has since traded as high as 3.50, albeit on low volume. Closed on Friday at C$2.29, not bad in this market. Do your DD. There's also a thread at SI:

Subject 8722

BTW, if I added correctly, BGO has traded 40 million shares in the past 2 months in Toronto alone ! Draw your own conclusions as to how information is disseminated in this market.

regards - Tom
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