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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.
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To: Ken Benes who wrote (8319)3/26/1997 8:44:00 PM
From: GOLDMAN   of 28369
 
Hi Ken,

Explain to me that after 3 years of Bre-x at the Busang property, mining analysts from around the world visitng the property, Barrick Gold, Teck corp and all those families in Indonesia that wanted a piece of the Busang can all be fooled by Bre-x that there was gold on the property?.

Also after 3 years of work by Bre-x, Freeport spends only 3 weeks and drills only 7 holes and said there is no gold?. They also did not mention the size of the holes and where they exactly drilled, something is definitly wrong with FCX.

I hope Feldorhof and Walsh make some kind of statement because they did say they were 110% sure there was at least 71 million + ounces of gold.

I do hope for investors and Exploration mining companies around the world that Bre-x is not a fraud because the implications for Bre-x and the whole mining industry will deeply be in jeopardy.

Thanks and Good Luck,

Goldman.

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