Bema(Bgo) and Arizona Star Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sans Souci who wrote (8623)	12/6/1997 10:49:00 AM
From: jjdeg	Read Replies (1) of 10482

Paul, per john anderson, BGO's goal was to have ~25MM cash position on 1 jan 98. after placer buys some bgo shares as part of "the deal" the FD will be ~109.5MM shares...so there is about 0.25usd/share. it should be pointed out again that many of the currently outstanding options are at 10.50cdn...CEO Johnson has 2.1MM options, per bcsc, this weeks figures (the most recent 400,000 op were granted at 10.50). so unless there is one hell of a rally in the pog or pdg find lots of high grade gold close to CC to improve the economics significantly most of the outstanding options will expire worthless...i think many of them expire in 1999. anyone know what the total outstanding options are currently? jj

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next