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

To: Syncrude who wrote (9917)	5/19/1999 2:17:00 AM
From: Terry Swift	Read Replies (1) \| Respond to of 10482

Syn and V: I have also noticed that BGO and AZS WENT UP on the PDG statement by Wilson. I don't have a clue why but I, too, expected them to drop. Very strange. I can only speculate but its possible that somebody is buying on the possibility that the PDG/BGO/AZS deal will NOT be extended by BGO/AZS and they see that as very good for BGO/AZS. BGO/AZS will again own 100% of Aldebaran, only with $60 million having been spent on it by PDG. Aldebaran will be on the shelf until we get higher prices, but that would be the case no matter who owned it, so I suspect some shareholders see this as a positive. In fact, I know some shareholders do. You must remember the Canadian stockholder who asked Canada's equivalent of the SEC to investigate the deal with PDG because he thought BGO/AZS had given away the farm and he wanted to force a stockholder vote on the deal. He started an organization to ask for contributions to support an investigation into the deal, apparently because he thought there was under-the-table collusion detrimental to the BGO/AZS stockholders. I exchanged e-mails with him to find out what his goal was. He told me he thought the deal with PDG should be undone; BGO/AZS gave PDG too much. Judging from the reaction he received on this thread, he had a lot of support from stockholders. How much he actually had is anyone's guess. Since he's never been heard from since, I suspect not much. Well, according to the thinking of that crowd, PDG walking away from Aldebaran is good news. They should be happier than hell if BGO/AZS gets it all back. Maybe they're buying. Terry