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


To: Winzer who wrote (436)1/21/2000 7:39:00 PM
From: Brian MacDonald  Read Replies (1) | Respond to of 922
 
Winzer,

Based on what I see from the late buying, the firmness on the bid and the round numbers traded, we must have a 'done deal' and the 'money in the bank'. I would not be surprised to see this confirmed by BGI on Monday morning.

As I've mentioned before, the $US 1.5 Million (in three portions up-front) is the small part of the deal and only the beginning of what looks like a fairly prosperous road ahead for BGI and its shareholders in the year(s) ahead. Certainly, at $0.25 BGI has to now be rated an 'Outstanding Speculative Buy'!

There are still many hurdles to go over before all the value of Mampon will be realized, but every journey has to start with a first step and today's late action appears to confirm that this time is here.

I'm sure we'll see what Kaiser has to say about this, but I can't see any major selling at these levels, so that leaves almost all buying and hence higher prices. A nice double on Monday to the $0.50 level would be a good start.

Have you spoken to anyone at BGI lately? If this is it, I'll bet they are on a high. It's been a long hard fight for Denis and his team but it seems to have paid off. Let's hope that we get confirmation on Monday - first thing.

Brian