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

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To: Goldberry who wrote (7130)3/14/1997 1:27:00 AM
From: Turk   of 28369
 
Don't know what exactly you have against Drumbeat, but I must tell you Graham that I don't find you a very nice poster-person. Wonder how many others have noticed your character-assassination type style? Hope you are making lots of money on your investments because your personality will not win you any friends, so hopefully you are rich enough to buy them.

Sorry to the rest of you for the snipe at Thorley but I find him more tiresome than Bundy right now. At least Bundy discusses the demerits of BXM and the questionable media conspiracy. Modicum of interest related to stock discussion. Bundy is more wrong than right, but hey, my hope for him is that he has shorted Bre-x in a big way.

Some BXM thoughts. Nothing till the COWS, drill results and Merukh. Looks like we have our $17-$18 short term price. Disappointing but not enough to drive me out. BSR still looks like the better long term play. Have lots of both and am prepared to sit out for the long haul.

Word I hear from Nesbitt is $30 by summer. Think they are dreaming a little, but $25 is certainly not out of the question. As for Will's strategy of selling calls on BXM, had he done that from the beginning he would have been exercised many times out. Past year has undoubtedly been very healthy strategy, but money gained in this manner will be chump change if FCX or ABX make a move on our hero.

Sure fire way to tell BSR is well thought of is to check the options. Nary a put can be found.

Patience is the watchword. Hope that BXM can ride out the almost certain market downturn scheduled for March/April.
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