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

To: Method who wrote (8032)10/27/1997 11:08:00 AM
From: the Chief  Respond to of 10482
 
Love these optimists !!!AZS $4.00/BGO $4.95 Good deal??(eom)



To: Method who wrote (8032)10/27/1997 11:13:00 AM
From: burner  Read Replies (1) | Respond to of 10482
 
Can anyone explain the market reaction and decline in share value for BGO &AZS post announcement (without sarcasm, please)?
Does the activity reflect an orderely resolution of covered shorts or simply a reaction to perception of share dilution or "sell on news" mentality? Perhaps the market was hoping for a takeover and this JV eliminates that pricing factor.
The ownership of these two stocks has been exasperating, to say the least.
Dan Byrne



To: Method who wrote (8032)10/27/1997 12:21:00 PM
From: IngotWeTrust  Respond to of 10482
 
Better'n no deal a'tall? Hrmph! Where's t'bidding war? Just like Bre-Xrs were promised a bidding war. However, when it came right down to it...it was a Shotgun Wedding at Winchester Cathedral: Clive gave the bride away and the dowry!

You think anyone in their right mind is going to buy BGO w/Refuse to Go I and now CC Firesale in their memory banks?
Anyone with a short memory that wants to know what their BGO stock will look like, let alone AZS shr$ in 2-5 yrs...take a peek at RYO $$

Yeah, right, Method. You have a nice day.

The market has been telling this thread for months BGO was going t'jump in bed w/1st set of baby blues that batted at them.

Ole believer in the effeciency of the marketplace 49r



To: Method who wrote (8032)10/27/1997 3:46:00 PM
From: Feline  Respond to of 10482
 
There is a rumour which suggests that there is more than a little concern that the recoveries at Refugio may not be up to snuff at the current crush size. Crushing to get recoveries costs $$. We'll see what happens when summer comes but my gut tells me there is more to this than just a harsh winter.


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