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

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To: clifford atkin who wrote (18676)4/28/1997 1:02:00 AM
From: julius diamond   of 28369
 
Geologists, Metallurgists, Assayers what do you think?

1. I need help because I am not a geologist. But it seems to me that if you crush, Hammer Mill and screen material what you end up with is a mixture with everything within it randomly distributed. Therefore, what might have been widely dispersed is now evenly distributed. Hence a 750 gm sample will be representative. If this was not the case the hundreds of analysts and companies visiting the site would have commented.

2. Normet certainly did deny that they did not find Placer Gold.

3. I think I read that Felderhoff's family lives in New Brunswick. I believe Felderhoff grew up in Canada. So what if there was not a Canadian Geologist?

4. There are two reasons for continued drilling. First the market pays handsomely for what is in the ground. I certainly would want to maximize the share price if I were management. Second, by mapping the entire find, a strategy and plan can be developed to most economically mine the property.

5. Why do you assume that ABX and PDG have bad things to say? PDG has already stated they believe the Gold is at Busang. ABX and Bre-x were not supposed to be best of friends. I wonder what is going on behind the scenes? I don't know what either company will say but I am willing to take a neutral stance until they say something. ABX stayed in the game for four months and tried to steal the property politically. You don't do that unless you are pretty sure it is valuable.

6. How many slices did they give out? I don't think it was that many and therefore, there is a low probability of finding significant Gold in the slices.

7. If Freeport lost the Gold before assaying, they will never find it regardless of the assay technique used.

8. They did say that their findings were preliminary and inconclusive.

9. Why don't you want Freeport scrutinized? What have we got to lose? All we want is Freeport to reveal everything they did so that they can be accountable. They are not above an audit especially given the results of their preliminary and inconclusive findings.

10. Does anyone have any information that can assist in the Hammer Mill theory?
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