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

To: virginijus poshkus who wrote (8142)	10/29/1997 2:03:00 PM
From: the Chief	Read Replies (2) \| Respond to of 10482

I think AZS has been dealt the greatest shaft of the two!!! Basically their greatest asset was divided for them. I like others, wonder how you can get $7.50 for a BGO share that has 116mm shares outstanding, then attach less worth to AZS shares that have about 40mm outstanding. This is certainly the perception. It appears that both BGO/AZS have given up equally -+1% the 25 % of CC. So if one would do some rapid calc, it insinuates that Bema's half is equal value to AZS half. Not so, based on share dillution AZS is worth 2.5 times BGO. Hence the po'd people, hence the investigation. I'd be ticked if I held BGO paper but I'd be 2.5 times more ticked if I was holding AZS the Chief

To: virginijus poshkus who wrote (8142)	10/29/1997 4:20:00 PM
From: IngotWeTrust	Read Replies (1) \| Respond to of 10482

Basically y'nailed it, vargas! More of t'same only LESS disclosure! Tis what happens when a 51% deal in this industry gets constructed. AZS/BGO gets whatever on a need to know basis...PDG dictates the time table for whatever goes on... Basically, this puppy is "oz. in the bank" for whatever they might want to do in the future, which also includes not developing it at all but flipping it to another COPPER/gold company down the road who understands how the game is played and understands this is just another asset on the books, much like a spare computer printer in the office. O/49r