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: Richard Nash who wrote (8719)	3/27/1997 8:47:00 PM
From: Glen McGlaughlin	of 28369

Richard, you reflect my sentiments 100%. I made a prediction on the CLL thread since those shares were also severely affected over the past two days. My prediction is that subsequent tests will confirm sufficient gold reserves to warrant full production ie 25-30 million oz. This info will restore price levels to at least $10 by June. BOTTOM LINE: If you like an ROI of 300% + in 90 days,pick up some BXM on Monday pm after the market reaction has stabilized.From that point forward any news will increasingly support the view that there indeed is a viable gold play, albeit scaled down from earier estimates. REMEMBER: $10 by JUNE/97, ANY BETS? GLEN

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