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Gold/Mining/Energy : BRE-X MINERALS (BXM,BXMNF)

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To: Tony McFadden who wrote (245)4/9/1998 1:13:00 PM
From: Arthur Tang  Read Replies (1) of 287
 
Thank you, Tony. The picture is dim because the judge in Canada made it a bankruptcy instead of a receivership. However the class action lawsuits may be the income for stockholders. The company still has asset of $5 million unless the trustee blew it. If stockholders have no lawsuit against the company; BRE-X has no liability but asset of $5 million. It should be in receivership. Busan claim may still be investigated and claimed from the Indonesia government; to see what the average gold content is per ton of ore. And down 30-200 feet; how much is there in terms of gold per ton of ore.
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