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

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To: Jackie Wu who wrote (14562)4/16/1997 2:34:00 PM
From: Wayne Whalen   of 28369
 
Hey Jackie: Why not. Freeman expects it to go down to $1. If it does he will triple or double his money. You wouldn't like to triple or double your money. Is it insane to triple or doulble your money. Wonder how many big houses were left with their pants down when Bre-X took off and couldn't cover their asses(shorts) and had to replace some at higher prices and the sudden drop the other week helped save their bacon. How many houses were still promoting the stock the day before because they didn't want to half to buy back their shorts at $15 so they said don't sell. Through this whole thing the big guys will all survive but how many on this thread mortgaged the farm? They didn't.

The big guys are playing this stock every which way but loose. They got the bucks(your bucks) and don't intend to lose and they will know inside info before you wake up in the morning. Walsh knew that there was problems with the COWs when the stock was up to $28 and sold but he didn't tell you. Walsh was a broker for 15 years and he knows what he can get away with. How do you know he didn't say to Freeport and Hasan "back of my 45% control of Busang and l will show you how you can pick up the little guys shares cheap and we all win(Freeport, Walsh and Hasan)."

This market is designed and controlled by the people in the know and the OSC is just a joke. No one ever gets anything more then a slap on the wrist for illegal insider trading. If you sell your shares in your company you have as long as 6 weeks to report it . Big deal ..... some regulation ..... by then the dirt is done and you have lost your money.

Wayne
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