Laughing all the way to the bank, brokers who
sold their inventory of BRE-X common at $10, $15,
and even $20 per share, made a fortune in a well
organized scam based on false geological reports,
to blueprints illustrated in the Northern Miner
Press Ltd. Alas, past history of such scoundrels
usually involved small firms, instead of such
large reputable, money hungry thieves as Lehman
Brothers, Toronto Dominion Bank, Bank of Montreal,
J. P. Morgan, Placer Dome, Barrick Gold, Dunwoody,
the Republic of Indonesia, Kilborn SNC Lavalin, etc.
Shares now trade for pennies per share, after reports
by Freeport McMoRan and Strathcona, indicating that
they found virtually no gold at Busang Borneo,
refuting earlier reports by John Felderhof, et al,
that had created a market cap of over two billion
dollars. Can anyone provide more details? |
