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


To: william l. gallagher who wrote (8303)11/4/1997 9:21:00 AM
From: burner  Read Replies (1) | Respond to of 10482
 
Van Sun says big boss is beaming again

Bema Gold Corporation BGOShares issued 921909091997-11-03 close $4.26Tuesday Nov 4 1997The Vancouver Sun reports in a feature business story in its Tuesday edition that the Big Boss is Beaming over Bema Gold. Reporter Rod Nutt notes the big break came in 1988, when, bucking conventional wisdom went to Chile. The article features a colour photo of Clive Johnson grinning and toasting himself with champagne, the same picture the Sun used in an earlier bubbling piece. Mr Nutt says that Mr Johnson is proud that Bema was one of the first Canadian junior mining companies to venture into Latin America almost a decade ago. It has been a struggle, but the former Vancouver junior now has one operating gold mine in Chile and the prospect of another after its recent deal with Placer Dome to explore Bema's Aldebaran property in the high Andes. Under the October 27 agreement with Placer Dome, North America's third biggest gold producer will prepare a feasibility study and spend about $40 million over two years for a 51 per-cent interest in the Cerro Casale gold project on the Alebaran property. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

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