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

To: jfrancis who wrote (8198)	11/1/1997 10:05:00 AM
From: todd wiseman	Read Replies (2) \| Respond to of 10482

To all, If you feel the share price is low now, wait till bgo makes a share swap buyout for azs. BGO will have afloat of about 140-160 million shares out standing. With one part time producing mine, a low POG and alot of investers looking for the exit, things don't look good. At this point bgo will offer all us lambs one new bgo share for two old reducing the number of shares to 80 million. The thinking being they will stablize the share price. But with two years to wait to see if pdg still wants cc the stock has only one place to go. This is my worst nightmare. I've expressed this point before but got very little responce. Now it's starting to look like it may come to pass. I'm a very dissapointed shareholder at this point. Todd.

To: jfrancis who wrote (8198)	11/1/1997 12:34:00 PM
From: IngotWeTrust	Read Replies (2) \| Respond to of 10482

Apology accepted. The price of gold is headed below the cost of production for many many producers. It is not being dictated by supply/demand which is as great as it has ever been. It is being dictated by the Master Plan for getting the 1942 Bretton Woods accord implemented, which calls for a second reserve currency which they then called "EMU" until someone in the 90s pointed out that EMU was the actual name of a rather rare but tasty large bird) Most of us goldbugs are currently unequivocal about 5 things: 1) Price of Au production in So. Africa is above $308 T/oz even with hedging programs... 2) The normal 9 gold cycle has been interrupted. It has been a sell the rallies market for 15 years now. 3) The normal annual "buy the demand phase of Sept-Nov" hasn't occurred for 2 yrs in a row now...further proof of manipulation. 4) The role of gold in Central Bank reserves is still the ultimate measure by which a nations creditworthiness is STILLLLLL measured. (Just look at what the IMF requires members to fork over inorder to insure their international lender of last resort status: yep, GOLD!) 5) The Bretton Woods Act Timetable is just 14 months away from full implementation of the EMU. Please see my webpage if you haven't gotten there yet, and review the EMU/Bretton Woods Time Line chart as published in Business Week over 1 year ago. worldaccessnet.com worldaccessnet.com Robert Prechter, who is a reeeeeal researcher at heart, was the first one to pound the table back at $450-480 gold that we'd see $265 T/oz before we'd see $500 Au again. It is my conviction that we will quite possibly see $195 gold before all is said and done, frankly. Why? Two reasons: Pendulum swings are as customarily overdone on the low side as the swing was on the high side...ala $810 T/oz gold back when. And, 2) the 5-8 year gold forward contracting at mucho higher prices most big producers implemented was done to get them past this EMU introduction phase. You know, it's funny, but Peter Munk (ABX CEO) in an CNBC interview just a couple weeks ago talked about the impact of the introduction of the EMU as being the single most overriding factor in the pricing of gold currently. And he further stated that most folks didn't understand this. Now if the CEO of the world's Largest Gold Mining Company sez this....well, it's nice to know he shares my thinking(grin) Just for a minute, say you still have an open mind at the moment: The bottom line is this: Gold HAS BEEN AND STILL IS the reserve "currency of Choice." US $ has been officially tagged as t'"new reserve currency" of choice, meaning that owning the US dollar is as good as gold. Why? Mainly because of the WIDE DISTRIBUTION of both commodities...yellow gold is widely distributed a/w/a green pictures of our dead presidents. For there to be a "successful" introduction/57+ year timeline for the EMU (aka Bretton Woods Currency Act of 1942) then 2 things must happen to make the EMU instantly appear as strong (read that brilliant idea by the original planning committee): Gold Price has to be weakened by manipulating the perception of above ground supply (aka the "selling pressure" of Central Bank Gold"--to other central banks of course but the media doesn't tell us that!!) and.... the weakening of the US Dollar concurrently. When... these two weakenings is pronounced "Mission Accomplished" (and the major deval of the US$ is weeeelllllllllllllllllllllllllllllllllllllll underway) and another deval chunk lies ahead of us folks!... then... Gold=US$=EU One thing I'd like to remind you of in closing: The World Bank Head Honcho is none other than Paul Volker...the gent who oversaw/engineered the biggest-inflation-US$-spiral-in-our- Gold=US$-in-Carter-Administration-as-the-head-of-our-Federal-Reserve- Central-Bank history! Volker didn't leave the Fed Reserve Post as a failure...he was kicked upstairs and the world renowned goldbug, Alan Greenspan, was installed here as Volcker went to Europe to implement the next phase of Bretton Woods Currency Act of 1942. Now, you want a peek into the future? Comtemplate that last paragraph and then throw this into the grist mill: The Bretton Woods Currency Act of 1942 was designed to do 2 things: Restore European Financial Stability after WWII AS WELL AS Japan's Financial Stability after WWII. There is a sequel to the EMU...it has not been named yet, but it IS in the Bretton Woods Currency Act Accord of 1942... Yes, ladies and gentlemen: We will go through this again after the launch of the EU in Jan 1 1999 and it will be an Asian Monetary Unit-AMU. So, what should one be collecting in this Gold=US$=EMU=AMU period? GOLD! The rest is just paper! Hope this helps with your longer term view. You're either going to have to take your loss on BGO/AZS or hold them for about 8 yrs, IMHO. Since the law of money multiplication used by the Actuaries in the Insurance industry, normally considered the most conservative financial institution in the investing world is called the Rule of 72... I would suggest that the 7-8yr cycle for AZS/BGO is about what it is going to take to see us through this EMU introduction a/w/a the recylcing OUT of the Clinton Administration the recycling out of Pres. S of Russia, and t'recycling out of Hong Kong into stronger/bigger AMU hands: CHINA