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

To: Abner Hosmer who wrote (9744)	11/17/1998 8:17:00 AM
From: Letmebe Frank	Respond to of 10482

Tom RE: "If you are looking for a proxy for the price of gold, with some leverage, I think the additional baggage here makes it more complicated than most. Anyone disagree?" If you compare the chart of BGO to almost every other mid to large gold company over the last year, you will see it is at the bottom of the heap. But I wonder about their CC property that they still have an ~40% interest in... is the future potential of this reflected in their share price? When does the PDG 2 year "option" expire? Is this not still a wildcard that could provide a jump in stock price down the road? Thanks for your input these last few years on this thread, Tom & the other former regulars.

To: Abner Hosmer who wrote (9744)	11/17/1998 9:27:00 AM
From: Robert Dirks	Respond to of 10482

IMO most of the current troubles of BGO are priced into the shares. It has not recovered from the general selloff as others have. Of course the POG is the biggest noose around BGO's neck, and any significant improvement should be reflected. I loudly wonder though if the CEO should be so well compensated in light of these management difficulties. The board should be questioned and persued on this.........