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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?

To: baystock who wrote (894)	4/27/2001 7:29:00 PM
From: russwinter	Respond to of 4051

<Julietta: expected to come into production towards the end of this year.> The key word there is "expected" just as it's the key work for TVX's Hellas project at some point. In BGO's case the bet is that notoriously bad management can do it in Russia. In TVX's case the bet is on unknown new management to do it in Greece. They both have financial challenges to overcome, but BGO is at the end of the rope, TVX has quivers. They are similar plays, I just like my odds better. If BGO can put this Russian mine in production at 100 cost and keep it there for a year or two, you will hit a big home run at these prices. For high risk speculators it might be worth a shot, and being kind of a wild man myself I wouldn't necessarily talk anybody out of it. If Hellas actually gets permitted within the next six months, the deck will be clear on that one as well. TVX "liquidating": You may be referring to the stock price as the fundamentals (Hellas and converts) are an unknown. This one won't be over until the fat lady sings. If Golden Star can buy out (they tried and were rebuffed last year) Birim under a buck, I'd be a believer.