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

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To: alan holman who wrote (59)7/19/1996 6:04:00 AM
From: Britt David Jackson   of 28369
 
Alan; I did not see the article but I did hear recently that Bre-x
is re-drilling many of the original 300m deep holes where drilling
stopped because of depth but not because there was no longer gold.
Apparently the gold is continuing nicely in these deeper holes thank
you very much and this is why Bre-x had an on site show for some
large institutional investors. The firm I deal with have a significantly
higher target than today's prices and I have been building a position
with Bre-x sept. calls. I believe investors are going to continue to
be amazed by the ongoing results from this property. It is as someone
mentioned in this forum well below "fair value" still.
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