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...just be careful with BGO-- management isn't exactly

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Frank Pembleton Member Level  Thursday, 12/05/02 12:49:40 PM
Re: timhyma post# 753
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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