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

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To: Lorne Doiron who wrote (7344)3/18/1997 5:37:00 PM
From: Lalit Jain   of 28369
 
Hi Lorne,

I think you are right about Freeport. Freeport's due diligence on Busang is on a fast track. IMO, it is a foregone conclusion that Freeport is not going to give their 15% of Busang up. Could Freeport infact be contemplating a Bre-X takeover? I hope not.

I think the COWs should be signed by this week end. Well, even if I am wrong, we have to wait only one extra week.

WAKE UP CALL! COWs will be home soon, 13 more days to month end.

Watch for a sustained improvement in the Bre-X stock price, especially Bro-X should do very well!

The ship is about to sail off the Free-port into the golden sky. No Captain Hook the crook (Merukh) on board, the munkey with the balooney fell overboard and was swallowed by the crockodile. All I can see on board are a lot of patient and happy Bre-X shareholders.

Regards, Lalit Jain
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