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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.
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To: denio tchoukalov who wrote (20011)4/30/1997 4:50:00 PM
From: julius diamond   of 28369
 
Good point. It fits Mr. Sherkin's theory. If Strathcona can't estimae quantity, Freeport says it will drill sufficient holes to be certain that its investment is warrented. Board would demand it. The question remains on the process they will use and the amount of time it will take to satisfy Freeport's board that the investment is worth it. They will certainly not be able to drill 200 holes by June 30, 1997. Therefore, they are going to do some type of sampling which will have a higher error factor associated with it compared to Kilborn's results.
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