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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.

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To: Lenis Warren who wrote (13476)4/12/1997 1:10:00 PM
From: E. Charters   of 28369
 
There is a lot more to it than that. This is why the company is going to
great lengths to say that its property ownership is this and that. The
claims may not even have been staked in the first place as lode claims.
Also the independent consultants they talk about are not named nor are
their procedures to determine assay reliability, which in this case is
almost entirely in house, outlined in any reassuring detail. Nor are their
check assays too reassuring, as the lab they are using has no credentials
or history at all.

Based on what they are telling me I would not buy a used car from them.
There is an SEC investigation ongoing. The promoter they hired to do the
stock blowout has had several affairs like this one before on nothing. And
he always departs the company soon after.

On the other hand if the property has any resemblance to the assays the
source of my info does indicate a possible bear raid. So it ain't over yet.
Major companies have been known to do slimy stuff. It just boggles that
juniors don't armour themselves a bit better than Delgratia.
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