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Gold/Mining/Energy : BRE-X,BSR,ORL,CME,TGC,BYG,CVL,PCR,CBJ,EMT,SPQ,MSM,IRL,NC.

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To: alan holman who wrote (104)5/23/1996 10:33:00 PM
From: Ken Benes   of 130
 
You made a very good investment. Bre-X is going to spin off their Sangihe and Sable property into another company called Bro-X. Shareholders of Bre-X will receive one share of Bro-X for every share of Bre-X they have pre split. After the split, you will receive one share of Bro-x for every 10 shares of Bre-X you own. This is a high degree of speculation that the Sangihe contains a wold class copper gold deposit. Even without this development, the Busang should ultimately prove up between 60 and 100 million ounces of gold, making Bre-X a 50 to 70 dollar stock.

Ken
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