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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.
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To: Donald Watson, Jr. who wrote (20823)5/1/1997 6:23:00 PM
From: Karl Zetmeir   of 28369
 
It's easy to think that JF was being a bit flippant when he said 200M ... that was right after they cut the BIG deal, the die was supposedly cast, and there wasn't the need to be as conservative as they had been.

However, I think that JF's comment was coming from his perspective of the true facts ... and those facts included his evaluation of the remainder of the current drilled zone and the drilling of Busang III which has not really been touched yet to my knowledge.

Again, I think JF was being very conservative, as is his nature, when he stated the 200M ... I think it will be considerably higher than this ... and a new figure will be estimated shortly ... possibly at the press conference Monday.
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