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Frank Pembleton

09/27/02 3:29 PM

#29865 RE: Bernard_Barouk #29845

I'd be careful about BGO... Kinross is in court with the Russians over some permits in the Magadan district in Siberia that'll probably have them marched out at gun point. Just ask Pan American's management about their court system.

So I'd say keep a weary eye on the Kinross' court proceedings before adding anymore Bema to your portfolio.

Michael