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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.
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To: Lalit Jain who wrote (25509)6/12/1997 6:01:00 PM
From: mikesloan   of 28369
 
Lalit, anyone who has any longevity here knows about ARM-X. This crap about a mistery company is one of the main problems for investors. The media usually always get part, if not all, of any story they are covering wrong.

Now ask yourself why would the Globe and Mail go and get a quote from Chorny, who BTW we should all fell sorry for, as I understand he has only made, what was it that was quoted, only $50,000,000, trading Bre-X. (I don't the exact amount but that is what I thought I read somewhere.) Poor fellow. Why wouldn't they ask Bre-X for their reasons before they go to print? I presume there are legitimate business reasons for the insurance policies but no a lot of people like marcos once again wants to rush to judgment.

I just hope that the Bre-X forensic auditors will soon release their findings as the distortions here are incredible imo.
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