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Gold/Mining/Energy : Birim Goldfields Inc. (BGI-T) -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (309)	9/29/1999 7:01:00 AM
From: Brian MacDonald	Read Replies (3) \| Respond to of 922

koanhead, If the Fox hadn't stopped, he would have caught the rabbit. Ain't hindsight wonderful? Who knew that the Central Bankers in Europe would decide to put a new limit on gold sales and gold would jump like it has? At the time this deal was struck with Ashanti, it looked like the best they could hope for in the miserable gold market. A few days later and ... Birim still has a decent deal with Ashanti in that they will get the money up front and the prospect of a decent cashflow from mining the Mampon deposit for several years after the 175,000 ounces are accounted for. And they still have lots of blue sky in the exploration department with other areas of the Dunkwa concession likely to have similar deposits and of course there is 'Bui'. Now, if only Gundy, and/or L.-B, would stop hitting the bid every time somebody shows some interest in buying some shares, we might actually see the stock rise a little from here. Strange, I thought these two houses were 'friendly' toward Birim. Maybe yesterday was a 'end of month' thing. Bad timing?! Brian