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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: julius diamond who wrote (20057)	4/30/1997 5:22:00 PM
From: Augie Goldspechkt	of 28369

Strathcona was on site when they made the 'overstated' comment. They could have seen something onsite (sample preparation, etc.) that caused them to make the statement. I don't believe it had anything to do with Freeport's results. If there was some sloppy work occurring at Busang (let's say cores weren't being documented and tagged correctly) then the assay data that Kilborn worked from wouldn't be completely accurate. Until recently Bre-X hadn't mentioned many dud holes in the SE zone - something like this affects the reserve calculations. Check John Stoke's posts - I believe he suggested a revised reserve estimate due to the new data Bre-X released. Still over 70 mill. though. What bugs me is one of Freeports twins was only 1.5m from one of Bre-X's honey holes. Hopefully Strath. can answer everything!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next