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

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

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To: Bob who wrote (20954)	5/2/1997 12:03:00 AM
From: Michael L	of 28369

Financial Post 5.2.97: Kissinger defends Freeport actions By RICHARD SIKLOS The Financial Post NEW YORK -- Former U.S. secretary of state Henry Kissinger came to the defence of Freeport-McMoRan Copper & Gold Inc. yesterday over its part in the Busang controversy. Kissinger is a director of Freeport, the U.S. mining giant that sent Bre-X stock into a free-fall with the revelation that its own tests at the Indonesian site turned up "insignificant" quantities of gold. "All we did is do due diligence, and I think it was a reasonable thing to do," Kissinger said after the annual meeting of Hollinger International Inc., where he is also a director. "I mean we didn't put any money into it." From his perspective as a director, he said, "the board had no reason to criticize anything that was done."

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