Here is another brewing scandle. I got John Kaiser's fax alert and he says that the reason for the removal of liquidity in the exploration shares is that there are rumours of Bre- X gold deposit being a FICTION. The problem is that if it is a fiction, institutions, brokerage houses, newsletter writers, the Suhartos, newspapers, world renown experts, and on and on have fallen for it and will SELL and it will be years before anyone have anything to do these shares. He says that FCX's recent statements about grade and total oz of busang is,he hopes, only a nightmare; and you wake up from nightmares.
This is the first of this I have heard this worry. Kaiser says that it is his pupose to "out" the rumours and wispers so that they can, he hopes, die. |
