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


To: baystock who wrote (1156)5/28/2001 3:35:30 PM
From: Stephen O  Read Replies (2) | Respond to of 4051
 
They may have had 100% moves but what are the companies like. BGO had a loss of $50 million last year, has 162 million shares o/s and trades at 50c. It also has LT debt of $27 million which increased $9 million from 1999. How good is that Refugio mine?
The total revenues for 2000 for BHK and BGO are about the same with BHK having just $2 million Cdn debt left and earnings last year and this year.

Golden Phoenix is Bulletin Board and no operational mine.
Hecla is losing money too.

I submit that BHK is a far superior buy to any of these three you mentioned.



To: baystock who wrote (1156)5/28/2001 9:14:19 PM
From: Claude Cormier  Read Replies (1) | Respond to of 4051
 
<yes my target is around 50c or more. >

That would be a market cap near $C75M... what kind of gold price do you think is needed to support that valuation ?