Wednesday, March 23, 2005

 

Remember Bre-X

I have been reading about Canadian mining companies of late in various publications. Which brought me to think about the story about Bre-X gold scandal five or six years ago. I remember this stock going through the roof, reaching around$300+ dollars per share. Then, there was a series of weird bazaar incidents which brought the stock down all the way to zero. You can read the article here, but I remember some of the things going on with this company include, the lead geologist had a very high IQ who had a couple of mistress and eventually fell off a helicopter and died and there wasn't really any gold findings after all etc. etc. etc.

Here's a couple of gold links for ya amidst all the fear some investors or traders may experience and want to invest there hard earn dollars into something else other than the stock market.

Link 1
Link 2

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