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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.
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To: Walter who wrote (3758)1/16/1997 11:33:00 PM
From: Kenith Lee   of 28369
 
from the Jan. 13rd news release:

We also believe that it is possible, with the appropriate structure and assumptions, to provide for Indonesian participation of up to 40% of the mine while assuring its economic value to our merged company.

Hi Walter,

The news release did not say Indonesian government. IMO, this means the government, the president and his kids, and the Jusuf Merukh will get up to that portion.

Speaking of Jusuf, it is now obvious that he is probably get paid by Munk to cause the confusions. Back when ABX was in the upper hand, he posponed the lawsuit. Now that Placer made an offer and "may" derails ABX's steal-of-the-century, this cockroach is back.

-KL
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