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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: grampa who wrote (26125)12/30/2003 4:12:09 PM
From: Andrew  Read Replies (1) | Respond to of 39344
 
Trust me nobody is buying that one.


BGO is overpriced/too large a share float, too much political risk compounded with marginal mines/deposits.

Rufugio? is that supposed to get me excited. More money going in than coming out.

Russia and SA exposure do not make for share price premiums. BGO is heavily concentrated in rough political areas.

If a major has one mine there its one thing having majority of assets there is another.

Fine the shares have gone up but its not getting bought out.

PS I used to own it from .38 $CDN when no one wanted it and I am long gone enjoy.

As far as unprofessional, well I tell it like it is if thats unprofessional so be it.



To: grampa who wrote (26125)12/30/2003 4:19:40 PM
From: Proud Deplorable  Read Replies (1) | Respond to of 39344
 
I sold my BGO ...want nothing to do with Russia
As far as ABX doing business there, well there are lots of slimy businesspeople in that country so ABX should find good company......maybe even JPM is there too.

After Jimmy Rogers comments on Russia at the New Orleans show, not many people in their right mind would see Russia as a safe place to do business.


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