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: Jay Durell who wrote (22196)	5/4/1997 11:00:00 AM
From: Dave Tan	of 28369

Important, All Bre-x shareholders. I am sorry to be the bearer of bad news. Just got info that Strathcona did not vindicate Busang. Results are "insignificant" (don't know what this means in terms of actual gold content), BUT, most importantly, it does not support Bre-x's claim. My indonesian source said the indos are fuming at being scammed and tricked, and want to kick Bre-x out of Busang completely. Another point to note is that Freeport and Strathcona only drilled in a small portion of Busang, and there is gold, just not as high a grade as previously thought. Looks like we had some salt added to our gold. Like all of you, I'm still hoping that the results are still good, but my source is pretty reliable. Guys, do you believe in praying? Maybe if we all prayed hard enough......sigh. :( ..... Well, guess its time to rebuild. I'm not selling my shares tomorrow, I'm just going to forget about all of it and maybe buy more at the base (dead cat bounce at $0.20). It has been "fun" on SI, but what a sad ending for a fairy tale.

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