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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.
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To: R.M.C. who wrote (19625)4/30/1997 3:20:00 PM
From: julius diamond   of 28369
 
Have you seen Mr. Sherkin's post #19,964. I agree with his analysis. Combine Mr. Sherkin's comments with the "inconclusive" statement yesterday and it adds to Gold being in the Busang.

Freeport must be worried. They can only substantiate that they have no Gold in their samples. They can not substantiate that Bre-x salted. Therefore it's inconclusive. Add Mr. Sherkin's analysis and you have the reason for the extension.

As for the amount of Gold in Busang, I asked in one of my earlier posts if there is Gold how can it be less than Kilborne calculated? I have had only had one reply to this question. I am under the impression that it can't be less. Can someone give an analyis of how it can be less if Bre-x did not salt?

Thanks again Mr. Sherkin you have provided an unassailable analysis of the latest Freeport announcement. Or at least I can't think of another reason for Freeport asking for the extension.
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