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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.
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To: hugh thorne who wrote (17761)4/25/1997 11:57:00 PM
From: Walter   of 28369
 
If Indo takes back the 15%, I assume the JV will also miss out on the $400 million US Freeport was to provide. Perhaps Teck or Placer will move in. IMO, I don't think Barrick will get in because I don't see Munk and Hasan being able to work together. i.e. they both want to call the shots and don't like taking orders from anybody. I also remember Diane Francis writing one time that because Munk is Jewish and Indonesia is a Muslim country, Munk isn't received very well over there.
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