SI
SI
discoversearch

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: Claude Cormier who wrote (652)7/12/2001 2:17:58 PM
From: russwinter  Respond to of 922
 
<shares are now worth ?? >

Claude, you know our drill by now. Worth about $1.35, trades at 32 cents <G>.



To: Claude Cormier who wrote (652)7/12/2001 2:27:14 PM
From: jpthoma1  Read Replies (1) | Respond to of 922
 
We all know that your shares are worth more than $0.30.

But the fact that there is a lot of gold in the ground is one thing. The other is when will it be extracted?

And part of the answer is right at the end of the PR:

On a related front, discussions with government regarding the adoption of the Forestry Guidelines are progressing.

This is the main reason why the share price is so discounted.

Very difficult to evaluate the progress of such discussions!

JP



To: Claude Cormier who wrote (652)7/12/2001 3:19:17 PM
From: russwinter  Respond to of 922
 
There's a map on the Birim site. Back of napkin, I figure conservatively an area of 400 X 150 meters X 40 intervals (at least, with that 90'@ 14.58g in there). Maybe 6 grams average, close to one million tonnes, 200,000 oz oxide. Too low? Very low cost to ASL. That's $6 million royalty, and every new ounce from here on out is credited at $30. And trenching at Aboronye 400 meters west gets reported in ten days. Market cap is $4.7 million@ 30.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News