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Gold/Mining/Energy : Bre-X, What happens after Strathcona results?

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To: Robert Dirks who wrote ()4/20/1997 1:30:00 PM
From: CLK   of 31
 
If Bre-X goes the way of the Dodo bird as I believe it will, it will mean the end of available financing for the Juniors which means no air or water for months and emaciation and sufffocation for alot of projects along with anemic stock prices. However it also means good news for those with cash because they can scarf up good properties and companies for little without much competition for the time when memories fade or the next big hit gets everyone excited again and the money flows begin again. It is also a plus for companies with properties is more stable locations. Watch the natural gas section get interest since you cannot salt a gas well (see SIR.V for example). A return to interest in U.S. and Canadian based exploration will follow. No time to be in exotic, unstable corrupt locations.
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