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: Simon Sichewski who wrote (7)	6/17/1996 9:07:00 AM
From: Karl Zetmeir	of 28369

You're probably right .. BXM is a once in a lifetime find! In the immediate future ... I expect to see the following: 1. Additional assay results which will give a big boost to: 2. NASDAQ Listing ... also expect 7-8 US analysts to jump on BXM as soon as it hits the NASDAQ. 3. An analyst from Nesbitt will increase his forecast from C$40 to well above that figure based upon: 4. An estimated reserve of 50MM oz which is: 5. Only about half of what will ultimately determined at Busang. (IMO) Someone earlier asked what price they should get in BXM at ... I certainly can't argue against buying on dips, but don't lose sight of the forest ... I've known many on CServe who have tried to trade BXM ... with dismal failure. (If you consider becoming only moderately wealthy a failure <LOL>) You can't afford to be "out" of this stock due to it's extreme upward mobility based on any good news (there has been no bad news ever!) So what's a good price to be in at? When BXM is pushing C$40-50+/share by the end of this year ... my friend ... the answer is "does it really matter?" <-- shareholder of mucho shares at an ave. of <US$1

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