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

To: The Barracuda™ who wrote (747)4/27/2002 7:50:41 PM
From: Gabe Heti  Respond to of 922
 
What is the expectation for the range of ounces to be indentified.

1 million ounces means from $30 to $40 million US approximately.



To: The Barracuda™ who wrote (747)4/27/2002 11:56:20 PM
From: Bat Man  Respond to of 922
 
<An escalation clause provides for an additional US$0.20 per ounce for each US$1.00 exceeding US$300 per ounce up to a maximum gold price of US$350/ounce. >

Could this be what is slowing down that first Royalty payment?

This could be a fast triple on receiving the cheque, which won't likely come before the Q3.

Elmer


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