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

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To: Npoggio who wrote (14419)4/16/1997 4:23:00 AM
From: Bill Jackson   of 28369
 
Npoggio; I remember the day by day fall from $21 to $15 and then the crash. I was flamed galore as it went down as I kept on trying to get people out as it dropped. I was able to save a number as I got a lot of email of thanks after the fall, I also got some who wished they had listened to me(and bigdude). Right now you have a pure Las Vegas gamble. Which way will the dice roll? It is possible that Freeport is crooked or in error and all is well, and it is possible the BRE-X is a scam. Since the greater part of your loss in engraved in stone of the past, the only gamble is will your stock come back up?
If you can afford the total loss of the rest of the value, and even buy more thhat you can afford to lose at this price, then if you win there will be a 5 to 10 to one upmarket swing in your holdngs if BRE-X is vindicated. A lot of `people are taking that gamble. I do not have $ to lose, so I am not, cautious I am.
Good Luck
Bill
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