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Gold/Mining/Energy : MILL CITY MIY-V

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To: Leigh McBain who wrote (130)4/4/1997 9:22:00 AM
From: HAZ   of 707
 
Leigh, my comment "POST BRE-X" simply means that investors & speculators are going to be alot more cautious before believing a company's claims of having 70 to 200 million ounces of gold reserves.

The emphasis will now on the companies to prove by independent meams that their claims are not over-exaggerated.

I also agree with you that the Bre-X saga is not over and it will be proved that they a gold reserve, how much gold, who gets what interest, will Bre-x survive the Class action law suits will all have to be determined.

Best of Luck
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