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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.

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To: Eric Freeman who wrote (13387)4/11/1997 3:46:00 PM
From: Tom Cat   of 28369
 
Hi Eric, is good to know that some cool heads remain, In my post yesterday, I indicated that people is talking about all kinds of things except what I considere to be the relevant questions surrounding Bre-X mess, got some unhappy unswers but no one still wants to face or speculate on the real questions, which I list again below:

1. Why Strathcona thinks that the deposit is less than what Bre-X claims,...gee..if I was Walsh, I sure as hell would ask for a detailed report as to why they arrived to this incredible conclussion in record time...AND SHARE WITH THE SHAREHOLDRES....THIS IS MATERIAL CHANGE...SO FAR WE KNOW WHAT STRAHTCONA SAID BUT NOT WHY!!!!!!!!!!!!!!!

2. Why didn't Bre-X save some of the core....even a sample if not all

3. Why would a wealthy person (and apparently some how healthy) like de Guzman would commit suicide?...(except perhaps that 4 wifes were too much for the guy, and I think I can understand that point)...why didn't he do it earlier???

4. What interest would FCX have to discredit Bre-X??.... if there is gold and FCX fooled everyone, they will not be able to mine the stuff because of all the legal implications ....

5. If the Indo government is involved, then they would kill the milking COWS.....

6. SO....back to FCX's no gold results....is the Lab at fault?....did they drill in the wrong place???....was the assay technique wrong???...with so many $$$$ at play, I would think that FCX was VERY sure of the results before releasing them.....otherwise they risk their ass big time.....

Bottom line, if I had good answers to these questions I would sleep better at night, any other post that avoids these topics are a waste of time (except for some real good humour stuff, thank you to that guy!!)....these are IMO some of the real questions that I can come up with, a better handle on the answers will help me to decide whether I sale or hold.
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