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Frank Pembleton

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Frank Pembleton

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Re: timhyma post# 753

Thursday, 12/05/2002 12:49:40 PM

Thursday, December 05, 2002 12:49:40 PM

Post# of 795
...just be careful with BGO-- management isn't exactly shareholder friendly. They're forever diluting ... But it does have incredible blue sky potential -- they have a stake in a huge project known as the Rufugio Mine, it becomes viable about at around $320-- when it does become viable their books will reflect a huge gain, in other words, the NAV will grow exponentially as will the price of the stock.

...but if the PoG falls-- the reverse is true.

Regards,
Michael


FP........................................................

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