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

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To: Hymer who wrote (17711)4/25/1997 10:37:00 PM
From: Jeffry K. Smith   of 28369
 
Does anyone KNOW what *points* Strathcona's interim report will address? I am assuming Stratcona will find gold (no assumption of how much)

Will it say:

a) "we believe BRX has xxxx ounces of gold"? (or none)

b) "our drilling results confirm/deny BRX's drilling results" (in part/whole/for the 6 holes)

c) "BRX's assay method is appropriate/or not"

d) something else

I ASK - depending on what points it is supposed to address, we can either expect a large or a small movement in the stock. Are we expecting STR to extrapolate/accept BRX's 71 moz figure based on their drilling? (A MAJOR STATEMENT - item a).... or are we expecting minor statements like b & c? or item d?

I think it is crucial that we turn our collective brainpower, contacts, etc. onto this subject. It will help determine the best investment strategy over the next week/6 weeks.

Lets not be caught with our pants down Friday expecting something on point A, when STR addresses points b & c instead.

I will repost this as the days progress. Thoughts?

*** I WILL KEEP TRACK OF solid information and post it daily ***

Regards,
Jeff Smith
Cincinnati
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