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Gold/Mining/Energy : FRIEDLAND Idonesia-BMD, FDM, INF

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To: pjd22 who wrote (3)11/15/1996 3:27:00 PM
From: Michael Brody   of 25
 
Peter,
SHF has been releasing results all along. Their last updates
were around Nov. 1 and were encouraging. Somewhat of a surprise in
the positive on Sori Hill. SCP you could be right about. Most
companies appear fearful of a BRE_X repeat if they have strongly
positive results. I can't say i blame them. As far as the COW's,
there are tons of rumours and few facts. I have heard that many
of the COW'S might be issued around Nov.25 but wihtout hard
evidence to support this I would not hold my breath. I am ever
hopeful. I believe SHF has been rather courageous in releasing
their results.
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