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Gold/Mining/Energy : Biometric Security Corp (BMS.V)
BMS 57.250.0%Jun 28 5:00 PM EST

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To: Essam Hamza who wrote (31)2/1/1997 3:43:00 AM
From: Kenith Lee   of 181
 
Hi Essam,

It is nice to see SNA back up.

You mentioned XAU. Do you see a surge in XAU the date that when the matter is resolved in Busang? The reason I mention this is because Barrick, Newmont, and Placer are heavy weights on the index and current and possible suitors with Bre-X. Should the winner pop and cause the index to go up because of the large deposit and low recovery costs in Busang? Zero sum game because one winner and 2 losers?

One thing for sure, XAU options will be halted during the announcement(s). I hope it will not on and thoughout the option expiry day (Feb. 21st).

-KL
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