SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: d.clarke who wrote (27785)3/16/1998 8:51:00 AM
From: Mr Metals  Read Replies (1) of 28369
 
WTC Mr Clarke,

Bre-X Minerals Ltd -

Globe says firm may be revitalized to help recover investor losses

Bre-X Minerals Ltd BXMShares issued 2191033301997-05-07 close $0.09Monday Mar 16 1998See Bresea Resources Ltd (BSR) In the News The Globe and Mail reports in its Saturday, March 14, edition that a group of geologists wants to revitalize Bresea Resources, an affiliate of Bre-X Minerals, to help investors recover some of their $3 billion in losses. The Globe's Paul Waldie writes that members of the group include, John Sutcliffe, exploration manager for Ecuadorian Minerals of Scottsdale, Arizona; Benjamin Ainsworth, a Vancouver mining consultant who worked for Placer Dome; Peter Evans, former exploration manager for Kennecott of Salt Lake City; and Steven Poad, vice-president of finance of Caledonia of Oakville, Ontario. They met this week to discuss plans for Bresea. Bre-X is bankrupt but Bresea is under court protection from creditors. The geologists were recruited by a group of Bresea shareholders who want the company restarted under new management. The group, called the BSR Group of Shareholders, says investors would receive about $0.30 a share if Bresea is declared bankrupt and dissolved. They the believe the company could be worth much more if it is allowed to continue. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

Mr Metals
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News