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

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To: julius diamond who wrote (19992)4/30/1997 3:35:00 PM
From: denio tchoukalov   of 28369
 
"As for the amount of Gold in Busang, I asked in one of my earlier posts if there is
Gold how can it be less than Kilborne calculated? I have had only had one reply to
this question. I am under the impression that it can't be less. Can someone give an
analyis of how it can be less if Bre-x did not salt?"

The problem is that it is going to be difficult and highly suspicious on Strathcona's part to try to determine the amount of gold based on SIX HOLES ONLY. Obviously, more holes are needed from technical point. Kilborne calculated the amount of gold based on the assays and position from the holes drilled by BreX. But they had about 200 holes, if not mistaken. This is the point where the request by FCX to extend the DD provides interesting twist. Now, don't you guys tell me that they do not know what the audit is showing. Why waste time and effort on DD if there is no hope. I think the audit will return positive news but there is going to be a Clever remark as "more drilling needed".

Just my humble opinion

Thanks
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