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


To: Eric Freeman who wrote (8606)12/2/1997 10:27:00 PM
From: Syncrude  Respond to of 10482
 
The price may appear cheap but one of the most important factors present is the weak management team. The perception that they are dishonest will result in a permanent discount accorded to the BGO group of companies. If the management team were to leave, the picture would likely change. The current team has given a fair chunk of the company's assets away, leaving little hope for a return to the initial stock price levels.