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

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To: Andy Edwards who wrote (8012)3/25/1997 10:50:00 PM
From: Bob   of 28369
 
Everyone seems to be panicking about the fact that Suharto has signed 68 Cows but not the 2 for BUSANG II and III.

Does anyone really think these are going to be signed on some desk in Suharto's palace. They will of course be signed in a huge ceremony in front of lots of people and with Suharto, Said, Sudjana, Felderhof, and likely Waslh ( I hear he has problem flying) al present.

Bre-x and the Indo govt have said that these will be signed at a special ceremony several days after the other COW's are signed. Bre-X said this as far back as their conference call. Feldefhof said he would be present at the ceremony in the news release on Sunday.

No one can say for sure if there will be another delay until due dilly is finished . Anyone who does is creating rumours.

BOB

My post last night with the questions about the due dilly was done to generate a good answer to what I believe is one of the major fears here in peoples minds. Gerald, excellent job. My bet is that RTZ is buying up Bre-X and Bresea shares like crazy. Down the road it will be interesting to see if they did
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