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


To: Kaena™ who wrote (8730)12/19/1997 5:49:00 AM
From: Kaena™  Read Replies (1) | Respond to of 10482
 
All:

German Bundesbank President Hans Tietmeyer announced Thursday that European central bankers will include some gold in the reserves of the future European Central Bank, although the precise figures had not yet been finalized. He also stated again that the Bundesbank would not sell gold under any conditions.

The tide is turning.



To: Kaena™ who wrote (8730)12/19/1997 9:32:00 AM
From: the Chief  Read Replies (1) | Respond to of 10482
 
Kaena what are you smoking ? You said: "Sorry I must emphatically disagree with your conclusions about the prospects for Bema and your preocupation with finding fault with a company you feel has little merit".

Where have you read "conclusions about the prospects for Bema" that I have posted? I haven't posted any, other than a direction of UP!!!
"preoccupation with finding fault"
The "failure of management" is well documented and supported on this thread! Their inability to tie any company including PDG to anything else but an option was unacceptable. Lastly, the shaft AZS received was undeserved.

I find NO OTHER FAULT with this company, at the moment!

I would hardly consider my approx 8 posts to this thread in three months a "pre-occupation", but extremely defensive bulls on a stock, might ??

All this started as a result of you not noting Ken made his "stick in the mud statement" at 10:45 in the morning !!

As for your US 5.00 -6.00 comment, IMHO, this would only occur if PDG exercises the option, if they don't, don't hold your breath. Remember all this is contingent on a $375 gold and "$1.00" copper. Copper futures are selling at .78 cents right now. We all know where gold is.

As a "seasoned" investor, you might want to insert a simple IMHO when stating a target price, you could be accused later of contributing to a false sense of "direction".

have a good day.

the Chief



To: Kaena™ who wrote (8730)12/19/1997 11:03:00 AM
From: Abner Hosmer  Read Replies (2) | Respond to of 10482
 
Kaena - I can't believe that you just recommended MGR to this thread. These guys have no credibility at all. Get this folks; on March 3 of this year, the company announces a gold anomaly on their Bumbat West property of 1700 x 200 meters, open in both directions. The zone is defined by 228 samples averaging 4.25 g/t, with values up to 65 g/t. Stock soars, drills are mobilized and then surprise, July 7 the company mentions in a few lines within another news release that they cannot reproduce these results, and suggests that maybe the samples did not come from Bumbat West after all. When someone on the thread expresses a little perturbation over the affair, the company pres, who posts on the thread, informs him that "we cannot be responsible for wishes." Anyone looking at this stock should examine the indider trading records for this period, you'll find them interesting.

Mongolia Gold Resources Ltd -

Kaiser says sell low-credibility stock

Mongolia Gold Resources Ltd
MGR
Shares issued 24001373
1997-11-20 close $0.27
Thursday Nov 20 1997
John Kaiser, writing in the November 21, 1997 edition of the Kaiser Bottom-Fish
Tracker, says Mongolia is a sell at $0.27. Mongolia was one of Mr Kaiser's 100
recommendations in the KBF Report of December 23, 1996. At the time, the
stock traded at $0.69. Mr Kaiser says MGR tapped into the fad of extrapolating
ore bodies from surface anomolies, in this case the Naimgan zone's supposed
multi-million-ounce gold potential. The stock surged in March and April before
follow-up sampling in May failed to confirm earlier results, and Mongolia "now has
a serious credibility problem," Mr Kaiser states. The $14-million Bumbat Mine is
in production, with output at a lower grade than expected. With the treasury low
(working capital: $500,000), no financing planned, and gold around $300 an
ounce, Mr Kaiser recommends selling MGR.
(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

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