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

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To: IngotWeTrust who wrote (3740)1/16/1997 9:56:00 PM
From: julius diamond   of 28369
 
I agree with your conclusions on Junior Indo stocks. However, I think Bsr is very undervalued not just to its Bsr/Bxm ratio but because of its other holdings. They have several projects with Dir in Indonesia which I have been led to believe contain signifcant finds. Rumors that I have heard are that results will be released soon; maybe as soon as next week but I believe Bxm has to get it's COW before Bsr becomes active with other opportunities.

I have a self interest in that I own Bsr and Dir. Therefore, I have selective perception on these two stocks.
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