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Gold/Mining/Energy : byg

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To: stockman who wrote (717)7/2/1998 5:53:00 PM
From: Al Cern  Read Replies (1) of 769
 
Are we talking about the weather? We could use those brighter skies here in New Jersey.

As far as BYG goes I'm not sure because:

I have no idea as to their cash situation.

Will they need to finance again?

Can they get more financing?

Will there be 100,000,000 shares outstanding soon?

Has any of their exploration work led to an economical open pit operation? I believe they need to replicate their costs, from the Brown McDade reserve. That means at least 10g/ton head grade, and a good strip ratio, not to mention the startup portion. That would keep them stumbling along.

Is everything under control long-term, with regards to the water, and tailings dam situation?

There are so many questions, yet I hear no answers.

Sincerely,

Al Cern
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