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

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To: GOLDMAN who wrote (13561)4/12/1997 12:33:00 PM
From: rainman   of 28369
 
Pause for thought...........

Until a couple of weeks ago i had never owned BREX however the
events of the last couple of weeks have presented an oppurtunity
i could not pass up.
To believe this project is a scam you would have to accept
some ideas that to me just aren't acceptable.
1) There must be 100+ people involved in this project at
various levels over the last 2-3 years.No rumors,gossip,
etc.. have ever surfaced prior to a couple of weeks ago.
This defies human nature in my opinion.PEOPLE TALK and
the bigger the secret the harder it is to keep.
2) BREX is standing by all results & have been very up front
about all aspects of the work.If i were involved with
this company & KNEW it was a scam i'd have been on a
plane to FIJI long ago. Also management have sold only
a small percentage of thier shares over the last year
contrary to what some newspaper articles would lead
you to believe.
4) Lastly some analysts comments to me seem to be self-
serving. Creating market fear (especially in the
precious metals) also creates great buying oppurtunities
for them. Don't be suprised if in a couple of months
they are recommending many of the stocks that they now
say to avoid.

good luck to all
rainman
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