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

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To: (no name provided) who wrote (77)8/1/1996 2:59:00 AM
From: Britt David Jackson   of 28369
 
Allen:
Sorry for not getting back to you sooner, but had to send my brain
on a short vacation after a few brutal day trades. I believe my broker
gives Bre-x a $39 target for end of August because of the fact that
more gold is going to be added to the proven and probables with these
deep drills. Bre-x management knows there is a hell of a lot more gold
than 49.6 million ounces down there and some of them have let that slip
at certain public and private meetings. Nobody really knows how much
gold is really there but I think it is quite obvious that this ore body
is a long way from being defined within any specific boundaries. I
also believe if the gold price holds many more investors will be buying
Bre-x. People are soon going to see that $25.00 is cheap. Many of the
analysts that have just returned from Kalimantan will push this project
as these deep drill samples show what many people are already concvinced
of.
Stocks I own or am trading or soon buying include: Black Swan Gold Mines
Ltd (BSW-TSE), Bre-x of course, Canarc Resources (CCM-TSE), Essex
Resource Corp. (ESX-VSE), Upton Resources Inc. (URC-TSE), Big Horn
Resources Ltd. (BGH-VSE), Samex Mining Corp. (SXG-VSE), Teuton Resources
Corp. (TUO-VSE), Mispec Resources Inc. (MPE-MSE- Montreal) a very
interesting Indonesian gold play with drilling results due out any day,
and Kensington Resources Ltd (KRT-VSE) which just maaaayyyybbbeee is
the world's largest diamond find in Fort La Corne Saskatchewan. Also
Attwood Gold Corp (ATW-VSE) check out their trench results from Slovakia.
Have fun!
Britt Jackson
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