111,414,800 ounces of Gold!! Message Board

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Gold/Mining/Energy : 111,414,800 ounces of Gold!!

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To: Douglas Lapp who wrote ()	2/16/1997 10:06:00 PM
From: bob bundy	of 92

Bre-x gradually built up their reserves through a consistent drill program and the stock continually rose as the reserves were developed. Proven reserves are in excess of 51 million ounces of gold with some analysts suggesting there may be as much as 100 million. The stock trades in the low $20's CDN after a 10-1 split. The Bre-x mine is being labelled as possibly the third largest gold mine in the world. If the stock you refer to is making claims which exceed Bre-x yet the stock is not trading somewhere between $100-200 you have got to ask yourself why? Are the large funds buying the stock? Apparently not. Are well known financial periodicals mentioning the stock and thereby causing the stock to rise dramatically in price? Apparently not. Does something smell? Apparently. Save your money. There is absolutely nothing credible about a claim of this nature.

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