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

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To: Bill Grant who wrote (688)10/30/1996 10:10:00 PM
From: Eric Rojas   of 10482
 
I have contacts in Chile (F&F), I intend to investigate how much visibility and coverage did Bema get regardig CC and will keep you posted, there may be people that is less concerned about media hype since (to my knowledge) BGO does not trade in the Santiago exchange, heck, I even have some old friends from school that work in the mining industry in Chile that could give us the Chilean version of CC. Regarding the 1.24 g/t, is the grade calculated including the high grade breccia zone (that is so far 100 X 200 meters by about 300 m deep), as somebody pointed out in an eralier note, analysts probably will not use this figure to calculate book values, but the 0.95 g/t instead because it would give a more conservative estimate that everybody would feel confi with. I wander if Clive has an SI account and is right now reading this note and having a good laugh at the SI notes...hmmm, I better watch what I say here...

Eric
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