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Gold/Mining/Energy : Int'l Pursuit (T.IPJ)

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To: Bear who wrote (276)4/28/1997 2:59:00 AM
From: Ron Everest   of 835
 
No, I am saying that the current work permits allow prospecting which includes limited drilling. If they in fact have found good showings, they would not want to be too up front with them at this time due to the Bre-X situation. Not that disclosing all prospective drill results would harm them, legally, but it could get the greedy Indo eyes focused on them. Better to wait for the CoWs under the new paradigm overcasting Indonesia and imposed by Suharto, the kids and Hassan. Just my opinion,

Best regards
Ron E
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