BRE-X, Indonesia, Ashanti Goldfields, Strong Companies. Message Board

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

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To: mikesloan who wrote (18808)	4/28/1997 1:06:00 PM
From: Wayne Barrick	of 28369

Mikesloan: IMHO I do not believe Barrick had anything to do with forcing the TSE to begin trading Bre-X again.........It was the Mutual Funds who had huge blocks of shares in their portfolios and they had to come up with a price to trade their units. Do you honestly thing that if Bre-X had remained halted that the Mutual Funds would have wanted their funds to be sold with a Bre-X value at $15/$16 per share (when it might be only worth $2)? These funds would have loss "big time" if their funds were being sold at these inflated values...... If you don't believe that it was the mutual funds that forced the TSE to begin trading the Bre-X shares again on March 27th, than I have some nice hilly land in the Florida Everglades to sell to you for a nice "snow" ski run!<G> Wayne

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