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

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To: Robert Sherkin who wrote (18543)4/27/1997 9:56:00 PM
From: clifford atkin   of 28369
 
Robert, the facts so far are these. fcx zero, brex 71mm. the facts are these, fcx twinned holes 1.5m from brex holes turned up minimal gold from .01 to .006 gm per ton. assaying consisted of fire and cyanide. brex reason for not splitting cores was the result of coarse gold, however, crushing core and only using 750gram samples out of 13kg 2 meter sections loses more gold than split core which should have been provided to assayer and then let them do their own crushing. gravity circuit was able to yield over 90% of gold because of the coarseness. these results usually obtained from placer type gold. yet no geologist was able to see coarse gold in cores. in fact, by not crushing the cores better results would be attained than crushing because the coarse grains would not seperate from the sample. if the grains were so coarse why would only a 750gram sample be assayed instead of the whole thing? no canadian senior geologist was on the project. secondly, no infill drilling was ever done, this seems weird doesn't it? if the gold was so wildly disseminated and coarse infill drilling would prove up reserves rather than the possible reserves. not one mining company has reported results matching brex's so far. particularly funny to any independent entity doing DD. even samples given by brex to third parties turned up no gold. brex has issued different statements regarding the size of the gold and its size. testing by others has defined the gold as rounded with little silver detected near the edges. this is more reminescent of placer gold where the silver is readily leached near the exterior. Busang II (Southeast zone) area, was where these results were obtained but drilling in the central zone by others never turned up any gold. deguzman is dead, core shack burned down, fcx reports no gold in twin assays, stock is selling for less than 85% of its previous high. these are anti brex facts, the ben franklin approach, what are the pro brex facts? review these, and come to your own opinion but at this point in time the facts conclude something is going on here that does not add up to a substantiation of brex's prior conclusions and explanations. until they come up with valid, confirmed and correlated results or explanations the dark clouds hang over them will get darker and darker.

clif
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