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: Gerald R. Lampton who wrote (7352)	3/19/1997 10:24:00 AM
From: Price and Value	of 28369

What makes you think that a passive stakeholder (Bre-x) will be able to just "kick back and let the cash roll in without having to worry about replacing expensive capital equipment at inflated prices and dealing with the escalating wage demands of a work force?" Yes, a passive stakeholder kicks back in terms of not taking an active management in the project but a passive stakeholder still has to bear its share of the costs, unless it is a royality collector like the Nevada boys, which Bre-x is not. Bre-x's cash will be cash after expenses including capital purchases and wage expenses. There's no free lunch for passive investors. James

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