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

To: Bobby Yellin who wrote (8006)10/27/1997 7:38:00 AM
From: herbert vaughan  Read Replies (2) | Respond to of 10482
 
well Bobby, Terry, et al. Looks like the long wait is over and another chapter begins. Noboby seems to be up yet, but this agreement lays a number of things to rest (hopefully but not likely for some). There wont be any positive price effect, I suspect, given the 6.50C price that PDG is paying for BGO shares. Anyway, I'm in for the long haul ($2US with purchase price recovered at $9). Patience is a virtue!. Thanks to all for your contributions to this thread.
HGV



To: Bobby Yellin who wrote (8006)10/27/1997 10:05:00 AM
From: virginijus poshkus  Read Replies (2) | Respond to of 10482
 
bobby, i view this as a major plus for bgo and just a minor one for azs. based on the news release, it seems bgo and azs will not have to come up with that much cash after feasibility proves the project a go ahead. tell me if i am wrong, but it appears pdg will cough up 200mm cash and finance 50% of the project themselves. this in turn will relieve bgo of a lot of future as well as azs. how do you read this?

vargas


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