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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (95242)	6/1/2003 11:27:17 PM
From: E. Charters	Respond to of 116955

Stock Bear.. grouchy as one too... very good ideas.. children's toy stocks.. gas.. I was only kidding.. here let me pour you another drink.. you probably don't remember this, back before you were born.. there was this stock in South East Asia.. called Brie-axe. Held a disputed concession to a deposit that was only 600 million tons of rock of one tenth of an ounce gold. They displayed their core at the annual prospector's and developers convention in 1996. It was tight, dry, no alteration at all, no shearing, but some large dull looking pyrite and galena veins ran through it. A Maar Diatreme was what they said it was.. a big diorite intrusion (for those who wanted the gold connection..) and a collapse structure.. ore zone about 1000 feet wide.. Beautiful continuous gold geochem anomaly overtop it faithfully outlined the orebody. They drilled several hundred holes. Stock started out at 6 cents and went to 260 bucks. A bit of leverage there.. well they went into production and they are mining it today... biggest damn mine on the planet. Indonesians took it over as it was too big for the little company to develop. They killed the geologist, said he slipped getting out of a helicopter at 1000 feet. Said they had to change the name of the mine for religious reasons to do with their rain festival, so now they call it the Grasberg. Had quite a bit of stock, but I lost everthing when they appopriated the claims.. tsk tskk...