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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: alan holman who wrote (44)	7/3/1996 3:52:00 PM
From: Jon Huang	of 28369

Hi Alan, Like many others, I also bought in after the 10 for 1 split. It is possible that they are holding the price down to attract u.s. investors. Though I would prefer for it to be listed on Nasdaq so it would get more attention. The spinoff of Bro-x may happen in late July which may drive down the price even more. Although it may seem that the gap between Bresea and Bre-x is narrowing, but I think Bre-x is still going to outperform Bresea in a long run. Didn't one of the analyst from Nesbitt Burns predicted a target price of $32 for BXM by the end of the year? I think 60 million oz of gold is needed to push the price beyond $40 range. good luck to all, Jon

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next