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Gold/Mining/Energy : William Resources - WIM-TSE -- Ignore unavailable to you. Want to Upgrade?

To: violetta martinez who wrote (1045)	5/16/1998 1:39:00 AM
From: Lalit Jain	Respond to of 1326

Violetta, OFF TOPIC ! Won't do WIM any good buying into busang. I suspect we will never in our lifetime see any gold from busang. Unless ofcourse, Suharto is toppled and replaced by true democracy and Bre-X's rights restored. Why do you think Bre-X paid all workers, and all dues to the government were paid, before leaving busang, even after the final Strathcona report indicating no gold after just 7 holes ? Why do you think Bre-X hired Price Waterhouse to ensure all records are retrieved from busang for safekeeping ? Just a few of the scores of questions that still keep me awake many nights. I still find myself going over the numerous results and come to the conclusion that only the results released from Dec/96 were salted. But what do I know. I am usually wrong. But I am a fool too. Just like you, I too believe there is gold in busang ! You just have to follow the Indonesian riots nowadays to get a picture of what was about to happen to Bre-X's share of busang. It went from 100% of the 85%, to 90%, to 80%, to 70%, to 35%, and soon to be nationalized. Bre-X would be left with zero any which way you look at it. Sorry to have started this on WIM thread, but alas ! Those were the days! Cheers, Lalit Jain