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Gold/Mining/Energy : Int'l Pursuit (T.IPJ)
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To: Ron Everest who wrote (199)3/29/1997 9:55:00 AM
From: Michael Brody   of 835
 
Ron,
Again, I think you are riight on the money in your analysis.
I concur. Since Dattels is a former ABX exec. and has connections
there I would not be surprised to see ABX become a JV partner on
one or all of the ones you mentioned. This way they can sort of
hedge their bets in Indo. along with their considerable involvement
with YRI's holdings. As I said before I still want to see those
Dayak drill rsults so I still won't guess on the Sebuluh question.
As far as vending the Phillipine Cu project I expect they will as
soon as they have a complete appreciation of its size and therefore
of its value. There will be a lot of drilling done on Manlupo before
this can occur. Finally, i do agree about the re-focusing going on
and I wonder where they will attempt to acquire additional ground ?
It would be great to see them diversify even further into S.A., or
Africa. There are loads of world-class possibilities there as you
well know. We'll see what happens. As I may have mentioned before,
on this Easter weekend I will be praying alot for a successful
outcome to the BXM saga because it affects all of our investments.
I have to admitt I am worried that those samples were spiked by
DeGuzman and he may not have even told a soul. He was a super bright
guy and if anyone could have pulled it off he would be one of them.
I hope this is completely wrong of course.
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