BRE-X, Indonesia, Ashanti Goldfields, Strong Companies. Message Board

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

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To: Bill Jackson who wrote (8169)	3/26/1997 2:28:00 PM
From: Walter	of 28369

Bill: IMO, your "ruinous scenarios" is a bit uncalled for. I will repost the reuters' story which was posted earlier: Subject: BRE-X, Indonesia, Ashanti Goldfields, Strong Companies. To: Graham Thorley (8139 ) From: Jim Buckley Mar 26 1997 1:17PM EST Reply #8140 of 8172 NEW ORLEANS, March 26 (Reuter) - Freeport-McMoRan Copper & Gold Inc <FCX.N> said Wednesday it has been advised by BRE-X Minerals Ltd that gold reserves claimed for the Busang II and Busang III areas of East Kalimantan, Indonesia, appear to have been overstated. Freeport Copper also said an incomplete analyses of cores from seven holes it drilled in the Busang II area indicates insifnigicant amounts of gold. The company said it informed BRE-X of these findings at a meeting in Jakarta on March 26.

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