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Tuesday
Aug152006
Bema Gold Corp. (BGO)
Tuesday, August 15, 2006 at 11:13AM
Bema Gold Corp. (BGO)
This gold mining company, one of our favourite stocks is up 14.69% since we recommended it and has just reported that Revenue increased to $50.8 million from $22.4 million.
The improvement is broadly attributed as follows:
1. The restart of commercial production at the Refugio Mine.
2. Higher gold sales at the Julietta Mine.
3. A $188-an-ounce increase in the average realized gold price to $606.
A pleasing set of figures from one of our portfolio with much more expected to come over the next twelve months or so.
15 August 2006
This gold mining company, one of our favourite stocks is up 14.69% since we recommended it and has just reported that Revenue increased to $50.8 million from $22.4 million.
The improvement is broadly attributed as follows:
1. The restart of commercial production at the Refugio Mine.
2. Higher gold sales at the Julietta Mine.
3. A $188-an-ounce increase in the average realized gold price to $606.
A pleasing set of figures from one of our portfolio with much more expected to come over the next twelve months or so.
15 August 2006
Reader Comments (2)
I hold a 1000 share certificate of BGO.What's it worth today and what do I do to liquidate it after the Kinross purchase?
Lou, Contact Kinross and get their advice as how to proceed and turn them into cash or Kinross stock.