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Gold/Mining/Energy : Birim Goldfields Inc. (BGI-T) -- Ignore unavailable to you. Want to Upgrade?


To: baystock who wrote (700)11/9/2001 3:26:05 PM
From: russwinter  Read Replies (1) | Respond to of 922
 
<unlocking shareholder value is easier said than done>

Couldn't disagree more in this instance.

They will have cash in excess of their market cap when ASL's INITIAL royalty check is received. Then they will have a strong continuing income stream. They have the REST OF strategically located 230 sq. km Dunkwa (feeder to about a half dozen mines, including areas GSR has an interest in). Akrokeri north of Obuasi has some minable ore. And finally Bui is an emerging prospect with great elephant promise.

Without a doubt majors and mid tiers are on the move in Ghana, and Birim has great properties and regional intellectual capital to gain a toe hold that would normally take years and many millions to achieve.