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: Brian MacDonald who wrote (596)	10/3/2000 10:09:10 PM
From: Winzer	Respond to of 922

We could do with some good news about now! Winzer

To: Brian MacDonald who wrote (596)	10/4/2000 11:01:09 AM
From: russwinter	Respond to of 922

Brian, Take a look at this from the Dominion site: dml.com.au There is map there now of Homasi (100% Dominion) and Akrokeri (51% Dominion/49% Birim). DOM has until year end to buy BGI's share for US 1.5 million, plus US0.5 for the 1% NSR. Look first at the Homasi-Akrokeri map. It shows the concession boundary at about the 53100 grid. Also note that there appears to have been 14 or so holes drilled at Akrokeri, with the established trend pushing well into the concession. Indeed, DOM characterizes the concessions as, "the northern extension of Obuasi". Next look at the Homasi long section map. At the 52850-52900 grid on the Akrokeri side there is a 20-40g/m shoot about 125 meters deep and 75 meters wide, shown with three dots (obviously indicating intervals). When you examine the excellent results on the Homasi side, one can infer that Akrokeri ties very much into the scheme of things here. My educated guess: BGI is going to get a check for US1.5 million soon. It would probably be worth it for DOM to pay for the 1% NSR as well? If not BGI will collect another royalty down the road.