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: Karl Zetmeir who wrote (19407)	4/29/1997 5:57:00 PM
From: Dav!d	of 28369

Something is not right here! I cannot believe that all of the events leading to the demise of Bre-X were just coincidences. De Guzman's appearant suicide, Freeport missing on ALL 7 holes, Toronto Stock Exchange letting Bre-X trade throughout this ordeal, and the issuance of the COWs. If Strathcona comes out with similar results to Bre-X than I would NOT celebrate so quickly. Why? Do you honestly think that Freeport screwed up? NO! Than how did they miss? First, we must realize that Freeport won the bid to Busang over Barrrick because the Pres. is friends with Jim Bob. Due to this friendship, it is plausible that the Indonesian government somehow (with or without the cooperation of Jim Bob) messed with Freeport's results. In effect, this drove the price of Bre-X down and guess who was buying? Furthermore, since this is the most corrupt government, it wouldn't be too radical for them to MURDER de Guzman to make it appear that Busang was salted by de Guzman. The Toronto Stock Exchange lets Bre-X trade even though it should have been halted until Strathcona's report comes out. But, since it trades, the Indonesian government would be able to buy the stock at extremely cheap prices because they KNOW that Busang has the motherlode. Notice that they have withheld issuing the COWs for Busang (and other companies) because they had to figure out a way to maximize their profits in Busang. Yes this is sort of ridiculous, but it is possible. They were upset with Bre-X for screwing over the Indo government and now it is payback time. So, you can see why I'm worried. Furthermore, what would stock the Indonesian govern't from taking Busang from Bre-X completely if there is a hint of salting from the Strathcona report (i.e. if only 50% of the holes hit)? Good day, David

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