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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.
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To: the mouth who wrote (24758)5/23/1997 6:22:00 PM
From: Lalit Jain   of 28369
 
the mouth,

I would tend to agree with mikesloan. I am probably wrong, but for what its worth, this my opinion:

Was there salting at Busang ?
There was. But I think it occured only towards the latter stages of the operation.

Is there gold in Busang ?
I think there is. But I do not know how much. I know that at least in the central zone there should be the 2.7M ozs as Kilborn calculated. Remember the Australians have acknowledged the Bre-X drill results from the central zone were similar to theirs.

Is there a conspiracy against Bre-X ?
I think there is. In my opinion, during the latter stages, the core samples were purposely salted. This is because when the salting would become uncovered, the property would be taken away from Bre-X.

Who could be behind this conpiracy ?
Groups that want the property for themselves or interests that never want Busang to be developed. Maybe Indos, Merukh, Barrick, Freeport, etc. etc.

Regards, Lalit Jain
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