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Gold/Mining/Energy : byg -- Ignore unavailable to you. Want to Upgrade?

To: Gramps who wrote (700)	4/3/1998 9:56:00 PM
From: JUNIORSPECULATOR	Respond to of 769

Hello Gramps: How are ya? Well I think that you have mentioned enough concerns for one session. IMHO I would surmize that nothing is going to happen with TYG/ORI/AKA/YGC for the time being. I think that the main focus will be on the Mount Nansen site and to get this albatrose up and running and profitable. Contradictory statement but that is the way I see it. The only salvation this company has now is to show profitabilty and use the cash flow to settle accounts . I would think that the ORI/TYG game plan will be revisited again. But I cannot see how it can be done without a gold market to raise the necessary funds to construct the POTF. I can appreciate your frustration and I feel the same way. It really annoys me to think that ORI has the ,reserves to go ahead with their project,and I might add in the proven category.This asset is not even reflected in the asset value of BYG/ORI/TYG....What the hell is going on behind closed doors that we are not privy to????Lets hope for the sake of all concerned that this new board has their act together. Is this the next scenario????????? FICTIONAL HEADLINE: BYG on the road to recovery and profitabilty. Putting its problems behind BYG has over come adversity and financial problems at the Mount Nansen Project and it back into production processing 500 tons per day. ETC. ETC. ETC. Sorry Gramps, sometimes being a smart-ass releases my frustration. Oh well, time will tell..On to other things and other companies for now. I will wait this one out through 1998 and see what develops In the mean time make up for loses with other situations.(Paper loses really are annoying) Good Dayyyyyyyyy Ronald

To: Gramps who wrote (700)	4/5/1998 1:08:00 AM
From: JUNIORSPECULATOR	Read Replies (1) \| Respond to of 769

>From bygmail@gold.sentex.ca Sat Apr 04 12:13:49 1998 Date: Sat, 4 Apr 1998 12:11:56 -0500 (EST) From: BYG MAIL SLOT <bygmail@gold.sentex.ca> Subject: New Board, Private Placement To: undisclosed-recipients Thursday Apr 2 1998 Mr Graham Dickson reports At BYG's AGM held in March 1998, and the board meeting held immediately afterwards, the size of the board of directors was fixed at six, comprised of the following: Robert Bryce, Robert Chafee, Graham Dickson, Pascal Renardet, Bryan Rowntree and Alan Thompson. Officers were appointed as follows: chairman and CEO - Robert Chafee, president and COO - Graham Dickson, secretary and vice-president operations - Pascal Renardet, vice-president mining - Brad Thiele, and vice-president exploration - Robert Stroshein. The change in the board was agreed upon to facilitate a financing of $3,165,000 by way of private placement. The private placement consisted of the issuance of 10,433,334 units of one common share and one warrant. Each warrant entitles the holder to acquire one common share at $0.37 on or before March 12 2002. Proceeds amounting to $3,165,000 will be used to undertake major exploration and drilling programs, starting in early April 1998, to delineate additional oxide ore reserves on the Mount Nansen mine property in the Yukon Territory and for working capital purposes. The Mount Nansen operation is back into production and delivered its first gold and silver for sale last week. The operation has taken delivery of the pumps required to satisfy all of its operational requirements and which will allow it to mill at its designed capacity. .