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Gold/Mining/Energy : ECM.VSE - El Callao Mining. -- Ignore unavailable to you. Want to Upgrade?

To: virginijus poshkus who wrote (1135)	3/24/1998 10:15:00 PM
From: Abner Hosmer	Respond to of 1253

vargas - Didn't see the Bolivar thing, maybe you can fill us in? I think it will be a long time before we see any gold out of this thing. Who would put up the money for another gold mine, especially in Venezuela, even if BGO was crazy enough to try to build this thing in this environment? It's a long ways away, I think, and ain't nobody going to buy this dog out either, unless BGO wants to trade shares. That probably wouldn't happen until they get their stock up from drilling Quebrada or elsewhere, and as you can see, we have not heard jack-sh#t despite the much vaunted drilling at Aldebaran and IR's word that PDG knows how important it is to them to release results, etc, blah, blah, blah what a load of crap. Nobody will get diddly-jack out of BGO until Clive and his band of no-goods parse out their next round of options in June, their reward for sharing so much information with their shareholders this past year. Any good results developed have been and will be reserved for the optimum moment. This is not about building a company, it's about management playing their next round at the tables.