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: Robespierre who wrote (11318)	4/4/1997 3:42:00 AM
From: Jason Ellis	of 28369

Wall Street Journal, Wednesday Apr 2 1997, In the News The Wall Street Journal, in a half-page feature article in its Wednesday edition, reports that although known to peers an aggressive promoter, Bre-X Minerals chairman David Walsh was not the type to venture into wrongdoing, according to mining industry associates. Reporters Mark Heinzl in Toronto, Carlos Tejada in Dallas and Peter Waldman in Singapore say that gold industry analyst David Neuhaus of TD Securities in New York visited Busang last summer and spent time there with Mr Walsh, Mike de Guzman and John Felderhof. Mr Neuhaus says he found the trio very open, and willing to answer all of his questions. Mr Neuhaus says it seemed very straightforward. The Journal does not note the extent of the analyst's probing questioning. Mr Felderhof's enthusiasm about gold claims is well known around giant Newmont Mining, according to John Dow, Newmont's senior v-p of exploration. Newmont senior v-p for planning and development Durand Eppler says that it seemed unusual that Bre-X could find so much gold in a site the majors had dismissed.

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