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


To: russwinter who wrote (701)11/9/2001 7:20:12 PM
From: baystock  Read Replies (1) | Respond to of 922
 
<Birim has great properties and regional intellectual capital>
I think majors will laugh at you if this is all that you bring to the table in the current market environment. They are looking for drill proven, large scale and low cost gold resources. And whatever Birim had of this has already been sold to Ashanti. Of course like you, I don't agree with this...now when prices are absurdly cheap is the time to lock up good exploration prospects. But I believe most majors are now out of the exploration business. Exploration to them now days means drilling around their existing mines.

Any idea what the continuing income stream is expected to be for Birim once Ashanti starts mining at Dunkwa, assuming sub $300 POG ?