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

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To: GoldenLips who wrote (8712)3/27/1997 8:13:00 PM
From: bob bundy   of 28369
 
I believe there is more like 550 million outstanding and keep in mind the stock traded a very short period of time averaging about 500,000 per minute on the T.S.E which doesn't take into account Nasdaq.

Margin calls and Fund selling will take at least a week to clean itself out.

Walsh made a statement in Calgary today that Freeport should have drilled its check holes deeper than 300 ft. That the gold is at a lower level. The market can only hope that is a correct statement.
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