Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Winzer who wrote (378)	10/25/1999 4:05:00 PM
From: Brian MacDonald	Read Replies (1) \| Respond to of 922

Winzer, Nothing like selling the Crown Jewel! Geita is a real money maker in the future and I'm certain that they would have no problem getting rid of it. Note: "Geita's resource base continues to expand: It climbed last month to more than eight million ounces, up 20% from an earlier estimate of 6.7-million ounces." Also, they've really just scratched the surface at that mine and they have tons of potential for more high grade ore in all directions. Ashanti would be very foolish to let it go to pay the banks. I'm sure they'll seek another route. BTW, gold was down again today. Each day on the downside should help the situation. Re: the situation between Ashanti and BGI, there is still that need that exists. Hence, no matter what transpires, the deal will be made. Finally, that 500,000 share bid at $0.36 is slowly being eaten into, but there hasn't been any rush to dump shares. Looks like someone knows a good deal when they see one. Only time will tell. Brian