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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies. -- Ignore unavailable to you. Want to Upgrade?

To: alan holman who wrote (27522)	11/9/1997 10:24:00 AM
From: Bill Jackson	Read Replies (1) \| Respond to of 28369

Alan; They are doing more important things now, the stuffing in their chair threatens to escape, and so they sit on it, and other tasks of great import. In essence their task is done, as they can go no further. Walsh has made sure there is no evidence implicating him in any way. Felderhoff is on an island in the sky, and DeGuzman is in a hole in the ground(or on that island). Bresea has a chance to live as a company and the court will allow it to do exploration, rent it's building out to others etc, and generally go forward as a company separate from BRE-X. I suspect that there will be nil or zero from BRE-X assets for shareholders as all Indo stuff will be taken(read stolen) by the Indos, from buildings to drills to lands and other rights. I do not know if BRE-X had any other saleable assets. The money in the legal fund might be unreachable. They should install a new CEO and have him instruct the holder at the bank)offshore) to remit it to the receiver. Perhaps the receiver can do this in the stead of a CEO. Bill