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

To: Tom Cat who wrote (8167)	10/30/1997 7:52:00 PM
From: virginijus poshkus	Read Replies (1) \| Respond to of 10482

Tom, the shareholders should institute a class action suit against clive for his insider trading. he kissed azs goodbye and made a deal that is worse than one with the devil. clive must go, now! vargas

To: Tom Cat who wrote (8167)	10/30/1997 8:12:00 PM
From: the Chief	Read Replies (1) \| Respond to of 10482

What ultimately will be the saddest is that the currency crisis which has just spread to Latin America from Asia has caused people to "second" look Gold. If this currency crisis persists it very well may be the catalyst required to move gold upard and onward. All the time making the "deal" look worse and worse. From a BGO point of view, because it is a producer, its value should move with POG as it has in the past, albeit slower this time. Its AZS, that gets killed in my impression, it is not a producer and just lost 1/2 of its asset. Anyone want to speculate what this "possible currency crisis will do" to/for gold. What about you 49er, others ?? Canada is already suffering its own currency problem(not crisis) The CB would just love to jack rates to stem the fall, but all that would to is percipitate more instability in an already volatile stock market. the Chief

To: Tom Cat who wrote (8167)	10/30/1997 10:48:00 PM
From: piper murphy	Read Replies (1) \| Respond to of 10482

To Tom Cat: From Piper Murphy: This post is not completely for you, but I think there is a bit of a misunderstanding about the mechanics of this transaction re: valuations of the share allocation and who gets how much money. Basically, the two Co.s have agreed to give up 25% each for X dollars. The allocations then become internal as to how they are divided. My understanding is that if you hold AZS shares, that you divide whatever came through the door by about 40mm shares, and that's how much money you get, and in the case of BGO you divide it by about 116mm, and that"'s yours I do not claim to be any kind of an expert in these matters and I'm not TS, although he is a friend, but I'm afaid that's the way it is, and I'm a very long AZS Regards, Piper

To: Tom Cat who wrote (8167)	11/1/1997 2:29:00 PM
From: Terry Swift	Read Replies (2) \| Respond to of 10482

TC: I've seen some truly irrational posts in my day, but yours takes the cake. Clive did an "ugly deal with Placer" with "no sympathy" for the shareholders. So... lets punish them by shorting the stock so they can't make any money on their "paper" (options), your implication being the stock is going much higher if we don't short it. Johnson's options are at C$10.50 so you apparently believe the stock is going above that. If it doesn't, Johnson can't make any money on his options. If the deal is so bad, how can the stock possibly get above C$10.50. C$10.50 is about US$7.75 which would be his exercise price. I hope he triples his money because I will make a fortune along with him. Terry