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

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To: nasdaq who wrote (8264)3/26/1997 6:11:00 PM
From: Ken Benes   of 28369
 
FWIW. I believe that the initial discovery in the southeast zone was real and the exploration appears to have been laid out and conducted in a very professional way. If there has been manipulation of the drill cores I would think it happened in the latter part of 96 when the struggle for ownership began. After reviewing all past drill results, the ones that raise a question in my mind, were the one released this past January. The grades and intersections were richer and longer than any previously reported. Still, it is difficult to understand that if they were faked, how this could be accomplished without someone from the assay lab coming forward or the engineers from Kilborn raising questions. We will have to wait and see.

Ken
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