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

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To: nasdaq who wrote (15242)4/19/1997 9:24:00 AM
From: Jeffry K. Smith   of 28369
 
OK, EVERYBODY. I have a serious question to ask. It centers around how real the results are. I have $35K riding on BRX, some have more, others less. But we all (most) want the best possible consensus on the whole matter, right?

I'm *real* tired of this "MY DUDES ARE BIGGER THAN YOURS, MY SOURCES are..., IF YOU ARE SO SMART...", etc. etc. and "i feel reel sory for all of u cause u will probly be sleping on a sewer great cause walsh and felderhof pulled yet another one on everybody and besides i tried to warn you...."

SO, I ask the following looking for some deep thought and response.

Could de Guzman have salted things in just the right way so that Felderhof, and all others would think there was gold at just the
right depth, etc. (also, could those looking just at the cores have really told anything?) Has anyone looked at all at the results from the drilling from this angle? Are they consistent with a 'vein' of gold (is there such a thing?). In other words, do the findings of the drilling add up to a geologically correct expectation of where the gold would be (depth, etc.) Is there any such thing? I don't have expertise or connections to answer these things.

Now, there has been some mention of good cores being tested and bad ones not. If so, how would this ever be caught? IOW, are there any flags which would go up if this was the case?

I apologize that I do not know more of what I ask. My contribution I hope is to ask good questions, the answers to which I trust will benefit all.

Regards,
Jeff Smith
Cincinnati, Ohio
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