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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.
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To: M0NEYMADE who wrote (28252)7/30/2004 1:22:35 PM
From: Michael Bidder   of 28369
 
moneytrader,

Thanks for the interesting Link on Tommy, Suharto's son.

Here is another interesting footnote:

After the final collapse of Bre-X found buried on a back page of the Globe and Mail's Financial section was a small note saying Openhimer Brokerage of New York had made over US$100 Million shorting Bre-X. I believe it was on the strength of Jim Bob's (Freeport MacMoran) statements.

It must have been done between $3 and $4 Canadian, as that's where the heavy volume was. IMHO it was a visionary move by the Brokerage house Owners!
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