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

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To: Donald Watson, Jr. who wrote (17933)4/26/1997 12:51:00 PM
From: Patrick Laflamm   of 28369
 
Donald,
Even if Strathcona releases very positive results, Bre-X will never reach $15 (except for a couple of hours maybe) many people and institutions got burnt and will not want to hold on to this stock once it has recovered. If the +71 mil/ounces are there Bre-X has to hold on to it which will not be that easy believe me!
I think that everyone is expecting that Bre-X will rocket up to the high teens or sink to zero next week, well, it might not be the case. What if the results show significants amounts of gold in 20% or 40% of the samples... what happens then?

Pahww
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