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


To: Peter Neidhardt who wrote (9827)2/4/1999 10:34:00 PM
From: John Soileau  Read Replies (1) | Respond to of 10482
 
El Callao will have 3/4ths of Bema's current ounces from Refugio when this project starts up, with lower costs per ounce. The mine will be cheap at $69 million. Bema would benefit greatly from a merger with ECM, I think. Economically its looking like a mine, but the wild card is wacky Venezuela, with the new administration. Would be nice to get a positive signal from Chavez or the mining minister...
John