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Gold/Mining/Energy : Bema(Bgo) and Arizona Star -- Ignore unavailable to you. Want to Upgrade?


To: marek_wojna who wrote (10258)6/26/2001 2:12:28 PM
From: 1king  Read Replies (1) | Respond to of 10482
 
A little afternoon spike 0.51 CDN?

With the Barrick move yesterday there has to be some discussion of a similar
thing happening here.

BGO seems pretty stable in the .50 +/- range. It would be interesting to see the premium
on BGO shares in case of a takeover. Any ideas on NPV??

One of the proposed reasons for the Barrick move was suggested to be their 100% hedging! It was implied that they felt strongly enough in the upside of the price of gold to acquire some free resource for the open market in the upcoming year!

FWIW
1King