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

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To: laider who wrote (14879)4/17/1997 6:46:00 PM
From: Lalit Jain   of 28369
 
laider,

>>>> Is all this additional drilling, transporting to Australia, guarding and testing done at the sole expense of Bre X. <<<<<

I dont know. I would assume these costs will be borne by the JV. But does it matter? The costs are miniscule compared to the capitalization involved.

The reason I feel the costs will be absorbed by the JV is because I know the gold is there, and lots of it. Busang, imo, is the mother of all deposits!

Regards, Lalit
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