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Gold/Mining/Energy : byg

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To: Al Cern who wrote (715)5/27/1998 8:28:00 PM
From: M5PRO  Read Replies (1) of 769
 
Al,

How are you doing? I agree, with market conditions the way they are cash is very very sacred but I still believe they should continue to develop their properties in anticipation for better days ahead but then again the administration side of the business will slowly erode what cash reserves are left so I guess it's the old saying "you're damned if you do and you're damned if you don't!"

Is the mill currently operating at 700 tpd? Last I heard it was operating at 500 tpd. Haven't been able to get any info out of BYG!

I find it pretty ironic that today's share price of Omni and Arkona are back to where they were in the early nineties, the main difference, a large resource and unknown potential!!!! Deja Vous all over again! I will be ready for another ride!

C-YA

Matt
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