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BAU Bema Npv

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Share Name Share Symbol Market Type Share ISIN Share Description
Bema Npv LSE:BAU London Ordinary Share CA08135F1071 COM SHS NPV
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.00 -
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- 0 GBX

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Date Time Title Posts
10/11/200608:35Bema Gold Corp will do well over the nexed year25
16/8/200621:13BAU...Bema Gold Corp100

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Posted at 06/11/2006 15:59 by bangor
All is revealed (Reuter's Canada):

Kinross Gold announces acquisition of Bema Gold
Mon Nov 6, 2006 10:44 AM EST
US$3.1 billion transaction aligns with Kinross' four point strategy, expands
reserve base and creates shareholder value

TORONTO and VANCOUVER, Nov. 6 /PRNewswire-FirstCall/ - Kinross Gold
Corporation ("Kinross") (TSX: K, NYSE: KGC) and Bema Gold Corporation ("Bema")
(TSX/NYSE: BGO, AIM: BAU) are pleased to announce that their Boards of
Directors have unanimously approved Kinross' acquisition of Bema in a US$3.1
billion transaction to create a US$7.9 billion major gold producer.
Highlights
Bema shareholders will vote at a meeting, expected to be held in
mid-January 2007, to approve the acquisition. Upon successful completion of
the transaction, on a pro forma basis Kinross will have the following
attributes:
- Mineral reserves and resources of 50 million ounces of gold;
80 million ounces of silver and 2.9 billion pounds of copper
- Nine mines, in five countries, on three continents, with
4,700 employees globally
- Excellent pipeline of major construction and future projects
including Paracatu in Brazil, Kupol in Russia and Cerro Casale
in Chile
- Participation in exploration joint venture to drive new Russian
growth opportunities
- 2006 estimated production of 1.8 million gold equivalent ounces;
growing 56 per cent to approximately 2.8 million ounces in 2009
- Estimated 2009 cost of sales per gold equivalent ounce at Kupol of
approximately US$130 will lower an already competitive cost profile
- Consolidated ownership of Refugio mine in Chile
- Cash of approximately US$350 million
- Immediate synergies
- Led by Kinross management team

"This acquisition will create exceptional value for shareholders," said
Tye W. Burt, President and Chief Executive Officer of Kinross. "By combining
our assets, operations and expertise, we have dramatically increased our gold
reserve and resource base to more than 50 million ounces. We will have a
well-balanced gold reserve profile with 39 per cent in Chile, 37 per cent in
Brazil, 16 per cent in North America and 8 per cent in Russia. These reserves,
coupled with our enhanced exploration pipeline, will put Kinross in a unique
position to take advantage of the robust gold price and provide investors with
an excellent portfolio of world-class assets."
"The Bema Board of Directors unanimously approved this transaction and an
independent advisor has provided an opinion that the transaction consideration
to be received by Bema shareholders is fair from a financial point of view. We
believe that our companies are a great fit due to complementary strengths,
geographic synergies and similar growth profiles," said Clive T. Johnson,
Chairman, President and Chief Executive Officer of Bema. "Bema shareholders
are getting an attractive premium to become part of a stronger company that
will create near- and long-term value for all shareholders. Further, we expect
that the combined Company will be re-rated in the market once the transaction
is complete."
Posted at 06/11/2006 14:34 by bangor
From James Boric, The Daily Reckoning


Although many small-cap gold stocks have already risen
hundreds of percent since 2001, we have not yet seen
mania-buying like in the late 1970s. In fact, since May of
this year, gold stocks have sold off to several year lows,
despite better underlying fundamentals.

Last year at this time, an ounce of gold traded in the
$470 range. As I write this essay, the shiny metal is at
$601 - 28% higher. Yet many gold companies are selling for
less than they were 12 to 24 months ago. For instance...

Bema Gold is a mid-tier producer with 11.4 million proven
and probable ounces of gold in the ground. Based on FY
2005 numbers, those reserves are worth an estimated $4.9
billion. Yet, Bema stock is trading for the same price as
back in Dec. 2003 - when its reserves were worth about
$1.1 billion.
Posted at 09/10/2006 07:25 by wassapper
Further discussion of price movement in Minesite weekly review

That Was The Week That Was ... In London

By Henry Sandford

MInews.It seems that talk of a recovery last week was premature, and it was another difficult week for the mining shares small and large.

HS. Yes. Weakness in the gold price didn't help, but miners were down across the commodity spectrum. Nevertheless, there was plenty going on worth discussing. .. more..
Posted at 16/8/2006 21:13 by nephin
This little share is looking good again isn't it?
Posted at 09/5/2006 17:34 by desijohn
this has been a great share
Posted at 01/2/2006 18:41 by arja
well, it was the fault of AIM who do not give a hoot about shareholders and then the inefficient stockbrokers and often their lack of knowledge on how to proceed . This stock BAU certainly has a lovely chart and presumably follows the price movement of the canadian company - need to watch the currency movement as well I guess!! RIO runs at about a £3 discount to share price in OZ and I wish I knew why !!
Posted at 27/11/2005 22:21 by davepower
Now that barrick are unlikely to take over Placer Dome and newmont are sniffing does anyone think that the impact for Bema will be positive?

Will the agreement over Cerro Casale with Placer continue to apply to the predator?
I suppose the majors do have to replenish their resources and acquisition is one way of doing this.
It is interesting to note that the share price on the toronto exchange has risen nearly 30% inside the last 40 days. Very little discussion on this. Is it soley because of the increase in the gold price or is it the forward impact of say the bridging loan or the bought deal placing on development of Kupol.
Either way I am a happy bunny.
Cheers Dave
Posted at 29/9/2005 02:39 by davepower
News that Placer Dome are pulling out of Cerro Casale Project not so good. However perhaps the higher metal prices should be used as a basis to decide whether the mine is economic. It is difficult to know who is right at the moment. Obviously time will tell but at the moment having this sort of bad press doesn't help at all.
The extra cash from the private placing will come in handy, though, to further KUPOL development. I think that this project will make BAU (or break it if they fail to manage the resource project efficiently. Just look at Highland Gold also in Russia, and their share price as a result of poor management. Must be about the only gold stock languishing at the moment except for CER.)
I am convinced the gold price is going up over US$500 in the short term and the longer term is even brighter :-), so it could be good news for Cero Cassale after all.
Is there anyone else following this share in the UK? This BB is very quiet!!
cheers to all????(should it be the other two?)
Dave
Posted at 04/6/2005 13:58 by krebensis
FOR: BEMA GOLD CORPORATION

TSX, AMEX SYMBOL: BGO
AIM SYMBOL: BAU

June 3, 2005

Bema Announces Kupol Feasibility Study Results/Initial Phase III Drill
Posted at 07/1/2005 12:06 by lui5
I guess price has dropped because of the financial implications of buying out Arizon Star from the Cerro Casale gold-copper project in Chile.
Bema is offering Arizona Star shareholders 1.85 shares of Bema for each Arizona Star share.

Remember - Bema remains one of the few companies actually getting gold out of the ground. In fact i read somewhere that Bema will be one of the biggest producers when the Chile project comes on line fully. Many of the other mining companies are searching or trying to raise capital to start exploration.

With Gold price set to move higher so will the profits.

Hang in there and wait for announcements and profits to really start rolling in!!
Bema Npv share price data is direct from the London Stock Exchange

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