BRE-X, Indonesia, Ashanti Goldfields, Strong Companies. Message Board

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

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To: alan holman who wrote (8519)	3/27/1997 1:16:00 PM
From: Dick Nada	of 28369

Comment from Mercer, Buckman & Reid although I have advised the sale of the stock for some time, it is important to note that BARRICK RESOURCES in its attempt to obtain 67% interest in the busang property, conducted their own due dilligence by extracting their own assays. they took tons of samples back to toronto for analysis under their control. upon completion of their analysis, they were satisfied enough to purchase the stated interest with their own capital. there are numerous succesful outcomes to exploration ventures in the kalimatan region. i suspect that if the reserves of busang have been overstated, upon completion of the independent audit of reserves, it will be apparent that this is still a major gold find. barrick resources and other major mining companies are confident of that. john p. crowley exploration specialist

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