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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.

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To: nasdaq who wrote (7769)3/23/1997 10:57:00 PM
From: nasdaq   of 28369
 
Doe anyone know what this is all about. Appeared in "Indonesian Deep Digest" on Wednesday 19 March?

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ECONOMIC NEWS

Bre-X Shares Portion in
Busang will be reduced

Some of Bre-X Minerals Ltd. shares in Busang
Gold Find, East-Kalimantan, will be bought by new
investors. Harian Ekonomi Neraca reports, the
scenario is based on the Bre-X stock market in
Toronto, Canada, is going into a decline.

It is said that there will be a new scenario in the
process of share ownership in the gold find project
depositing at least 70.9 million ounce (1 ounce = 33
gram) of gold. Since the consortiums of Busang --
Bre-X, Freeport McMoran Copper and Gold Inc.
PT Askatindo Karya Mineral and Indonesian
Government very late informed Mentamben, the
rumour that there was a new planning of share
portion strengthen the assumption.
The believable Neraca source yesterday said,
Bre-X shares, which are sold at stock market in
Toronto, will be bought by new investors. But the
source does not know who will buy the shares. To
take over the shares depends on the highest
offering.
Other News

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