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


To: Ken Benes who wrote (9719)10/8/1998 7:02:00 PM
From: Syncrude  Respond to of 10482
 
Ken,

I think you forgot to add that being one of the highest paid mining executives in North America (the world?) it also takes time for the CEO to figure out how and where to spend all that money.

While telling shareholders that the sale of Arizona Star was just a few months away, the CEO was SELLING shares in the marketplace! Why should we complain? Problems, what problems? Ethics, what ethics?

It is not every day that you practically give away 50% of a key asset. You will have noticed that most of the money received in the "deal" had already been spent on the property.



To: Ken Benes who wrote (9719)10/8/1998 8:07:00 PM
From: Anthony Wong  Read Replies (1) | Respond to of 10482
 
Ken, you are absolutely right. And without Clive at the helm, where would we be? We'll all have invested in Barrick or Newmont Mining instead!