Bre-X Message Board - Msg: 1084321

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Gold/Mining/Energy : Bre-X

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To: Factfinder who wrote (5)	3/28/1997 1:09:00 PM
From: Dave Kosmayer	of 14

This is just my opinion.... Bre-x will continue to go down...the reason, because there's no GOLD as of right now...So after the few speculative people like you have bought your shares, then after that the selling will resume with less people buying. You have to remember that all the Mutual Funds that hold Bre-x already discounted them on the unit price...these funds don't speculate and will sell until all there BXM in there portfolio are gone. The chance that you can make money is slim...BUT there is MAYBE going to be a short POP at the start MONDAY so SELL...because it might be your last chance untill it goes to a BUCK, OR UNDER. This play is only for the real strong stomachs...and any average investor should not get involved in Bre-x at all EVER AGAIN, until they say there is a FACT GOLD IN BUSANG. P.S The Dead Cat Bounce does not come into affect with Bre-x because the company may only be worth .25 a share like it was 3 YRS ago. CAUTION EVERYONE TO MANY PEOPLE ALREADY LOST MONEY IN BRE-X DON'T BE THE NEXT!!! Dave.

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