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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.
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To: Goldberry who wrote (8101)3/26/1997 12:39:00 PM
From: Ken Benes   of 28369
 
I do not believe FCX has made any other public statements other than they still have not completed their due diligence. Most of the negative remarks that I have heard are either unsubstantiated rumors or statements from anonymous sources. Material like this is not easy to base a legal action on.
On a more positive note, I can only believe that the impending information is good news. With FCX halted for hours, we are not talking about a small cap stock. This is a NYSE baby and if they were walking from the deal, a halt might be initiated but it would not last all morning. The stock would retreat in price and FCX would go on with their business. This is something very positive. Whether it is related to the consumation of the deal between fcx/bxm, the issuance of the COWs, or FCX making a move on the rest of the company, or a combination of the above. We shall know soon enough.

Ken
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