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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.
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To: Donald Watson, Jr. who wrote (20085)4/30/1997 6:45:00 PM
From: Haq0r   of 28369
 
I think that Strathcona will find 4 duds and 2 good holes. I do not think that it is too far fetched to assume that the Bre-x cores were switched by someone working for Bre-x. This would be consistent with Freeport finding 4 duds where bre-x said there was high grades of gold. I know a lot of you think that Freeport messed up because they used smaller mesh sizes, or smaller drills. But you also have to consider that making a mistake of this magnitude would mean the end for them. In a corporation as large as Freeport a protocol of checks and balances must be in place to prevent them from making such a large-scale mistake, otherwise how do you think that they survived for so long.

Who might have switched the cores, I don't know, ask the Phillipine geologists.

INMO there IS significant amounts of gold in Busang butthe inventory was messed around with. It will take some time to figure out which cores were switched with which.

As far as Kilborn and others are concerned, they recieved core samples that were not from the places they were stated to be from. Remember these other labs did not do their own drilling. That is a fact that should not go unnoticed.

I repeat more questions than answers.

Haq0r

P.S. If you have a fast trigger finger go for the May 5s, if not, you should stick with basket weaving. Profit taking gunslingers are going to drop the price after the rise faster than you can say "Sel....."
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