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Gold/Mining/Energy : Int'l Pursuit (T.IPJ)

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To: Bob Hack who wrote (139)3/16/1997 2:13:00 AM
From: Ron Everest   of 835
 
McHacker, the wait means only that the looooong vacation to the south seas with fold up kayak is delayed a bit longer. Perhaps the snow will keep coming and we can ski some more. I have been out 4 days this week, go figure, it is the life!

There seems to be a view that most companies are downgrading their news until the CoW's are signed. I for one am expecting a flurry of news on short frequencies from a lot of Indo jr's after the paperwork is done. Can't figure why the Indos are risking this sector of their economy. Are they satisfied with just Bre-X's mine? The longer they delay the more that companies will select outside of Indonesia......it is already happening big time IMEstimation.

The only really solid reason for the delay in my mind is the "elections" that Suharto and crew are staging. Once these are behind, maybe it will lighten up politically and they will do the paperwork. By the way, McHacker, when are the "elections", does anyone know a date?

With McDee in Hawaiiiiiiiiiiiiiiiiii we don't get as many posts from the Indo news sources. Guess I will have to find some time to sort the election question out!

Best regards,
McGF
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