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

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To: Skipper who wrote (9762)12/17/1998 10:16:00 PM
From: todd wiseman  Read Replies (1) of 10482
 
Skipper, Look for PDG to take out BGO and AZS next fall, that's when the take out clause is finished. IF the POG remains in the tank they will get both companies for next to nothing. IMHO PDG isn't going to walk away from aprox. 30 million ozs of gold, but this deposit will be put into the reserves of PDG until gold moves up.
I first bought into this company in 95 and added to my position up until spring 97. So i'm sitting with a heavy lose. If i could walk away with just half of what i'm down i'd be happy! As for clive and his buddies,i would recomend staying away from anything they are involved with (jmho) lost a bundle on aranlee also.
Should have listened to 49'er she had clives number!

Todd,
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