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Gold/Mining/Energy : Bre-X - Is it a good buy at these levels ?

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To: vinod Khurana who wrote (56)5/5/1997 11:48:00 AM
From: clifford atkin   of 75
 
Vinod, my prediction for monday's headline was this"HOAX, no gold found at Busang". i guess this was everyones worst nightmare. now we all have to go on, get on the right horses and hope for the best. It will take some time to clear the air, but the strong companies will be better off as they will be financed without a problem. the juniors in most cases will be relinquished to the scrap heap. other juniors with good properties will have to make deals with the devil and the strong semi-seniors or ones about to be could be gobbled up at bargain basement prices. good luck in the future.

clif
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