Tony:
I too am concerned if a newsletter writer like Kaiser goes on record as suggesting that a complex salting job was done on Bre-X, without any hard evidence. Again, I have to go back to the fact that Barrick did due diligence on the property, and drilled some 100 holes. How could that have been a hoax, as no doubt Barrick supervised the handling of those drill cores?
In the absence of hard evidence of any kind, it is very difficult to cast aspersions on the motivations or actions of any party involved. What should concern us primarily, is that the companies we are invested in are doing to demonstrate their responsibility and trustworthiness.
Dr. Robert, you mentioned Corriente, earlier, and perhaps you saw their announcement dated March 31, which was sent to shareholders: It would seem very strange to me indeed, that a strong jv partner like BHP, one of the largest mining companies in the world, would stay in the deal on Taca-Taca with Corriente, after announcing drill results consistent with a tremendous coppper/gold find, if there wasn't hard evidence of a significant find that they themselves had verified. How on earth can one possibly question that???????and what is the point?
I agree with Ron Pitts, who suggests that we ought to be able to trust companies with strong management, particulary if they are allied with a strong, respected joint venture partner. If not, who on earth can we trust, and let us sell all our shares and go home.
Regards
Dan |