Gold Exploration in West Africa

[FL]

Birim (BGI.TO) new licenses unsettling to me

As a long term Birim stockholder, I have to wonder what Birim's new licenses in Ghana indicate. Birim had made a big bet on the enormous Bui concession. After several years Birim had found three or four prospective gold deposits far apart within the the Bui area, but it still hasn't explored much of Bui. Birim recently got new equity financing. Instead of further exploration of Bui, the focus seem to be shifting from the Bui area to the tried-and-true Yamfi-Sefwo trend (Bibiani-Sefwo tend).

Maybe this betokens a loss of Bui enthusiasm. Any comments?

FL