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

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To: R.M.C. who wrote (15455)4/20/1997 1:49:00 AM
From: Peter T.   of 28369
 
RMC

Well I just finished reading your post 14713 and assuming you are correct, could you explain why Freeport would run the risk of pulling such a stunt?? RISK VS REWARD. Well we all know what the reward is so what's the risk of Freeport getting caught...lawsuits in the billions. I'm sure any lawyer in the USA would be able to find a geologist or two that could see right thru Freeport's attempt to manipulate their initial drill results don't you?? What would be Freeport's defense...."ooppps I guess we made a mistake. Looks like there is 70 million ozs of gold afterall."

I don't think so. Freeport had to be damm sure their findings are absolutely correct afterall being from the Deep South, look what happenned to Lowen a couple of months ago ($500 million lawsuit).
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