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

To: Brian MacDonald who wrote (427)1/11/2000 4:13:00 PM
From: ogi  Respond to of 922
 
Brian I think, although I don't know for sure, that ASL has to buy back their hedges and that will require the monies from the sale.



To: Brian MacDonald who wrote (427)1/11/2000 4:37:00 PM
From: Winzer  Read Replies (1) | Respond to of 922
 
<Looks like the sharks a circling.>

For sure, the vulture(ABX) has been smelling blood for some time now. What do you see will happen to the BGI/ASL deal Brian?

Winzer



To: Brian MacDonald who wrote (427)1/11/2000 5:30:00 PM
From: m jensen  Read Replies (1) | Respond to of 922
 
Brian, i agree the sharks are definately circling!

I also would have to agree with ogi in that the sale would go to cover the hedging or was Goldman going to share the tab for there hand?

Ashanti they sure recieved some sound advice.

It begs the imagination how such a position could be entered into when the commodity is at 20yr lows.

Mike


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