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

To: Perry who wrote (7944)	10/23/1997 1:07:00 PM
From: Method	Respond to of 10482

INVESTOR GURU says AZS is his top resource takeover target. Let's hope he's right on this one.

To: Perry who wrote (7944)	10/23/1997 5:39:00 PM
From: the Chief	Read Replies (1) \| Respond to of 10482

I agreed with charred because; It in fact has nothing to do with uneconomical, nonfeasable, or a rubberduck. Its got alot to do with public perception( read market). I think his comments rather "astute" in that regard. the Chief

To: Perry who wrote (7944)	10/23/1997 8:46:00 PM
From: charred	Respond to of 10482

Thanks Perry for the reply. BGO is not covering up anything. It is a risky to spend more money but who knows what they might find. One thing for certain is that if they don't continue they certainly won't find anything. In mining you have to be agressive and risky. Juniors always make the big finds and then major buys them and develop them. This is the business of a junior and major. The rewards can be great. BGO is up today but I feel the stock will be trading around 5 to 6 cdn for sometime. In the current market I feel it is the time to buy however don't expect quick bucks. It may take a year before the market forgets Brexes and Golden Rules. I feel when BGO release their news on the final study in 18 months it will be a different market than today. The PF study was release during at bad market. I feel the market will be better in 18 months. For BGO to release the final study at that time will make more sense. Cheers