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Gold/Mining/Energy : Bre-X - Is it a good buy at these levels ?

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To: vinod Khurana who wrote ()4/2/1997 10:47:00 PM
From: vandek   of 75
 
My opinion is that your a fool not to buy at these levels. Placer Dome would not have offered 6 billion dollars to takeover Bre-x just on Due Diligence, I spoke to a old friend of mine who has been in the mining industry for 30 years....I was pretty sure that this whole Bre-x thing was a scam.....he sat me down and explained to me that things I would never think of go on behind the scenes (dirty things) in the mining industry. He insured me that Bre-x will be vindicated, and he also insured me that there is at least 50 million ounces in the ground at Busang...Well I took his advice and bought some Bre-x today...yes I am one of those retail investors everyone is talking about, but there is no way a scam of this magnitude could go on for 3 years with no detection....the gold is in BUSANG.......just my thoughts
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