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

To: Al Cern who wrote (732)	9/23/1998 6:26:00 PM
From: stockman	Read Replies (1) \| Respond to of 769

"Speculation" I believe MR Caffee did own a trucking company and sold it for a good chunk of change. He has a lot of money and power. I believe he wants to increase his position so he can call the shots and BYG will issue additional shares for him to have controlling interest. (Too bad he won't buy any in the open market...they are cheap enough) He also has the clout and through his connections( I heard he is well connected in government) he will be able to get the licensing needed to get the flex zone into production. I don't think the Yukon government will object or be that much of an obstacle in the way of permitting or causing problems with effluent levels not meeting there safety standards. There are only two mills operating in the Yukon and BYG is one of them. They need the jobs and revenue. Currently a french mutual fund company or the french someone or other has the largest position and they were one of the reasons why BYG is in trouble today. (they made the wrong decisions) The silver content on the flex is much greater than the Brown McDade and I believe BYG should put in the necessary structure to withdraw higher percentages of silver. One must remember that the Mount Nansen mill is not operating at full capacity and if they were then profits would increase significantly because fixed costs remain the same no matter what tonnages were milled. However, we need more gold reserves and trucking it from near by locations may help alieviate this problem. My two cents What do you think AL???