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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.
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To: Augie Goldspechkt who wrote (20067)4/30/1997 6:02:00 PM
From: julius diamond   of 28369
 
1. My information is that Strathcona made their statement in response to Freeport information. I think this is critical. Can anyone confirm or refute if Strathcona's remarks referred to informatin from Freeport or information from the Bre-x site? My belief up to now is that it came from Freeport because Strathcona didn't have time to audit Bre-x procedures and samples.

2. Samples were not prepared on site; only waste samples were prepared on site. Samples were prepared at the Lab. If cores were incorrectly tagged then Kilborn's mapping would show inconsistencies. They didn't.

3. I can't comment on the "Dud" holes but I would like to know more about it. What are Mr. Stokes post numbers for his comments on the "Dud" holes?

4. The basic issue is Bre-x salted or Freeport made a mistake. I can not logically deduce any middle ground. The 1.5 meteres away and no Gold is explained either by Bre-x salting or Freeport's mistake. I have reviewed the agruments on this thread and with my collegues over and over again and at this moment I am more confident that Freeport made a mistake than Bre-x salted. If you have evidence that Stratcona made the statements in reference to Bre-x's work, you have initiated a major crack in my confidence.

5. Freeport's "inconclusive" comment suggests to me that they are not sure that Bre-x salted. As I have stated in previous posts, the only statement Freeport repeats is that we found no Gold in our samples. They have not talked about auditing Bre-x samples. My suppostion is that their DD dictated auditing the Bre-x samples. If they found evidence of salting we would have known. Instead we have no mention of checking Bre-x samples and "inconclusive". I guess that makes me think that Strathcona was speaking about Freeport information not Bre-x.
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