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Gold/Mining/Energy : Bema(Bgo) and Arizona Star -- Ignore unavailable to you. Want to Upgrade?


To: Wayne who wrote (7925)10/22/1997 9:42:00 PM
From: charred  Read Replies (2) | Respond to of 10482
 
Gary and Wayne, if the company said they would not proceed with the study, the market would interpret this as uneconomic deposit and the stock would crash on huge volumes. However to spend 20 to 25 million dollars over the 2 years would keep interest in the company. Who knows what POG will be in two years.