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

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To: Syncrude who wrote (9756)12/14/1998 9:27:00 PM
From: virginijus poshkus  Read Replies (1) of 10482
 
syncrude, the pdg deal is telling us something else, the project is uneconomical at these levels and for bgo, the game is over. maybe they will focus on el callao. management got blindsided, and they did not have an insurance policy. this is very sorry to me as i have been an owner of the company for 8 years and took the uturn instead of the out turn. the only thing i can say is that i got out of arizona at $12 us. the final bells is about to be wrung, maybe the tax selling will bring the stock down below its cash on hand.

vargas
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