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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?


To: long-gone who wrote (3297)8/27/2002 2:00:14 PM
From: IngotWeTrust  Read Replies (1) | Respond to of 4051
 
Sorry, Richard---BGO leaves me cold.

Julietta Mine...couldn't help but notice this piece of typical "Clive-Jive"
OPEN QUOTE:

Bema realized a 3% increase in gold production during second quarter of 2002 however gold revenue was 17% lower than the previous quarter due to the delay in gold sales towards the end of the second quarter. These delays are attributed to the fact that, during the quarter, the Company began the process of exporting its gold rather than selling its gold to Russian banks. Proceeds from the Julietta Mine's first gold export, which occurred in July, were received at the beginning of August. Management anticipates that the timing of the receipt of sales proceeds from future export shipments will improve as minor procedural issues are resolved.

CLOSE QUOTE

The only thing harder to trust than believing the Russians are going to let any significant amount of gold out of the country and benefit western capitalists is believing ANYTHING Clive says about "minor" procedural issues.

Last info I had was that all Russian Gold HAD to be sold to Russian Banks...period, and for a $200 per T/OZ figure.

Yeah, Clive, Russian LEGAL MANDATES as to who your allowable gold buyers are..."minor stuff indeed."

HRRRRRRRRRRRRRMPH.

Would NOT trust that S.O.B. any further than I could pitch his ample asp!

Just look at Refuse to Go and the bull he slung about it for months and months and months...LYING THROUGH HIS TEETH.

g_t