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Gold/Mining/Energy : Brex Exploration Inc. (M.BX)
BX 155.21-0.9%Jan 13 3:59 PM EST

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To: SirVinny who wrote (67)3/19/1998 7:15:00 PM
From: joe minten  Read Replies (2) of 134
 
Hi Rodman. I hope you are right, because that would probably mean there is news about MIQ, BX, and Kinross. I would expect a carefully orchestrated series of news releases from all three companies. Because the POG is still below $300US, I would expect that it will be a tough sell for promoters to some degree. However, it all hinges on three pieces of info, IMHO. 1 - news of the '98 drill program(it had better be significant), 2 - the details of ALL the remaining unreported holes, and 3 - the most important point for BX, what % do they end up with, and what roll do they play (if any, other than a monetary one) in the exploration of POD? If they can hang on to 25%, I think that would put them in a good position to find financing for expanding to other projects. This could take a while to develop, so let's hope for a rising POG! :-) good luck, joe
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