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


To: GlobalMarine who wrote (9857)3/22/1999 2:07:00 PM
From: John Soileau  Read Replies (2) | Respond to of 10482
 
I called IR at Bema. Highlights of what I was told:

Refugio is cash flow positive (exact words). Operations are going well.

No reverse split is being considered, there is no need for one.
Bema is NOT in danger of being kicked off of AMEX. Stock price under $1 does not itself cause expulsion; market cap, operations, etc are part of the determination.

Placer is drilling away at Aldebaran, including the other targets there, and Bema is just waiting to get drill results to release.
There will be news on the Aldebaran sites, but don't know just when
that will be released.