BRE-X, Indonesia, Ashanti Goldfields, Strong Companies. Message Board

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

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To: Lalit Jain who wrote (7016)	3/9/1997 11:55:00 AM
From: bigdude	of 28369

Merukh the Cerukh runs back to Indonesia Contrary to you thoughts again Grahame, your rumour that Merukh has run back to Indonesia with his tail between his legs is good news. Obviously he was getting nowhere in Canada. And why did he come to Canada in the first place? Because he was getting nowhere in Indonesia. The Merukh situation appears firmly in the hands of Hasan. Since Merukh is persona non-grata in Indonesia and has had his passport revolked for past actions, there is no hope for him. Unless he hooks up with strong allies, who of course must get Hasan's approval before BXM is screwed for an additional 10%. Let's see what will happen. Also, doesn't a company named Placer Dome have a similar (although worse) problem in that Crystallex wants PDG's Venezuelan gold mine. It happens all the time where dopes want a piece of the action once all the work has been done. Note that Merukh is now asking for 10%, where didn't he first want 40%, then down to 30%, now 10%. Talk about a trend. Will look into this rumour more at PDAC. Cheers, Bigdude

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