Bema(Bgo) and Arizona Star Message Board

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

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To: Ken Benes who wrote (8608)	12/3/1997 1:32:00 AM
From: Terry Swift	Read Replies (1) of 10482

Ken: Your belief that fund managers sold Bema because information was not given to them on a timely basis is ironic... and incorrect, in my opinion. Ironic because Bob Aceti, the individual attempting to lead a class action suit against Bema/Star managment, is alleging that the Placer deal was a done deal long before it was announced and that certain big money holders (I assume that would include fund managers) were tipped off regarding the specifics of the deal far (like months) in advance of the announcement and sold because they knew there would be no buyout of Star. Both of you guys could be wrong, but both of you can't be right. I've yet to be persuaded by either thoery. I agree, the first money back into gold stocks will be into the majors, including Placer, but I believe Bema will be close behind, especially if Placer finds what I believe they'll find on Aldebaran. I look forward to the drill results from both Aldebaran and Quebrada after the drills start turning in January. Terry

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