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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies. -- Ignore unavailable to you. Want to Upgrade?

To: scaramoucheone who wrote (28279)	5/27/2005 12:43:50 AM
From: scaramoucheone	Respond to of 28369

theglobeandmail.com "I think that it's a very real possibility, said Vivian Danielson, former long-time editor of industry journal The Northern Miner and co-author of Gold Today, Gone Tomorrow: the Anatomy of the Bre-X Swindle, one of a flurry of books published in the wake of the hoax. If they could execute this sort of scam, it's no big stretch to fake your death." "Under the [Ontario Securities] act we have a six-year limitation period, which means that we wouldn't be able to do anything relating to offenses that may have been committed before 1999," said Michael Watson, OSC's head of enforcement. The OSC has pursued a lengthy case against John Felderhof, former chief geologist at Bre-X. Mr. Felderhof has pleaded not guilty to eight charges of insider trading and misleading investors. The OSC has accused Mr. Felderhof of selling $84-million worth of Bre-X stock between April and October of 1996 while having information not disclosed to investors." I would presume that the RCMP could lay charges if they were were to discover criminal wrongdoing - a very good starting question to ask them is why they aborted their investigation when it was known who actually committed the fraud. This had all been discovered by a foresnsic team that had been hired by the Bre-X Board of Directors. What's really going on here? And if de Guzman really was in Ontario yesterday perhaps he should of at the very least been brought in for questioning. I doubt if he is alive that he would be so foolish as to go to Ontario but one can never completely understand the mind of a criminal, eh!