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: notredame who wrote (7127)	3/13/1997 10:06:00 AM
From: bigdude	of 28369

Freeport Board Meeting Tuesday - Well-connected individuals out of Jakarta tell me that the topic of taking out BXM may be on the agenda. If they decide to do so, look for it happening after CoW signed. At $30 U.S. per ounce for BXM's share of 200 million ounces, they will have to seriously consider a takeover or merger. BXM is very cheap. Within 3 years, I believe the combined properties of Grasberg & Busang will have 300++ million of ounces of gold in addition to the rich copper resources at Irian Jaya. How much gold does little Peter Munk ("The Skunk") have in his piddly little gold company? Forget it Munk, you will NEVER be the largest gold producer in the world. This is Clairtone all over again. Look for a statement of claim to be filed against Barrick for their actions in Indonesia within the next few months, by a strong group of BXM shareholders. Bigdude (The dude who is stilled pissed off at Barrick and its tactics)

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