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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.
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To: marcos who wrote (27061)9/26/1997 2:13:00 PM
From: alan holman   of 28369
 
Out of respect to your resourcefulness, I am making this opinion to all of you. All shareholders of Bre-X/Bresea and Bro-X must re-read "The Prize" article; by Brian Hutchinson/Senior Writer of Canadian Business. March 1997 is the month/year, of this month to month report about multiple indiviuals and companies who were/are involved with Busang. From my reading, in my opinion, David Walsh and other Bre-X Co. directors did not act in the best interest of shareholders, particularly around the dates November 12,1996 through December 4, 1996. According to the article, David Walsh and the Bre-x Financial Officer, snubbed the President Sudjana offer to make a deal with Barrick Gold. The article never gave me the feeling that Busang does not contain gold, it only gives the impression that All Shareholders best interests were not given enough weight; in the Bre-X Minerals decision-making process.
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