A tidbit I picked up from misc.invest.canada. Make of it what you will...
I live in Calgary, where Bre-x is stationed. I happened to work for a
private security firm at the time, and my duty was to perform survellence
on a house owned by one of the chairman of Bre-x. There were other people
watching over the other head office people's houses, including Mr. Walsh
himself. My main job was to ward off any reporters or vandals that came by
the house (In the 2 weeks that I was there, nothing happened at my site or
at any of the others). As luck would have it, the man I was watching left
for a weekend to go to Banff with his family, and left me the key to his
house, in case I was hungry etc.. Out of curiosity, I read through the 5 or
so volumes of Bre-x data that were on the kitchen table. It was filled with
tables, charts, and graphs of various aspects of the gold mining process,
and its findings. There was absolutely nothing new in these volumes to
suggest that Mr. Walsh was not telling us everything, which suggests that
the overseas workers must have screwed up, which is now all but confirmed.
An interesting note that I came across, was a scribbled note on the back of
one of the pages. It read:
What data was lost in the fire?
Up until this point, I was planning to invest a few thousand dollars in
Bre-x, just as a gamble. But this, and other sections in the volumes that
were highlighted or underlined, put me in great doubt as to the validity of
the company. I also considered speaking to the press about the "fire", but
it turned out Mr. Walsh was very open about this already. Mr. Walsh is not
the one to blame for this incident. He recieved the same volumes of
information as the other employees in Calgary, and was misled to believe
that they were true. |
