SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Peter T. who wrote (11702)4/6/1997 1:38:00 AM
From: c.r. earle   of 28369
 
Peter,

There is no way that Freeport should have reported publicly the 7 holes that were drilled.

And in fact they did not, not initially anyway.

They were 'leaked' apparently, and only after this rumour was heard around the world did Freeport latter release this report.

The day that the leaked information came out, I called Freeport and spoke with IR, and they denied issuing this information. They also repeatedly told me that they would not be issuing any report (they were not in the habit of releasing prelimary information on DD) until the DD was complete. And then viola 2 days (possible 1) latter they release that bomb of a release. This was done because of the initial leak that come out of Indonesia.

Just imagine (lets us dream for a moment) that Freeport did make an error (a very large error), what do they do now that billions have vaporized, ooopps, sorry! 'Did I do that?'

That leak should never have occured!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News