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.
SI - Site Forums : Silicon Investor - Welcome New SI Members! -- Ignore unavailable to you. Want to Upgrade?


To: jbIII who wrote (3904)12/23/1998 12:05:00 PM
From: SIer formerly known as Joe B.  Respond to of 32883
 
Investor gets laugh with 'Bre-X Blues'

By BILL GRAVELAND -- Canadian
Press
canoe.ca
(Follow link for text +picture)
RED DEER, Alta. -- His wife didn't
leave him and his dog ain't dead but
Red Deer farmer Ross Graham had one
hurtin' song in him that just had to get
out.

He decided to write the 'Bre-X Blues'
after he and his wife Jodi, lost $2,000
in the gold scam.

But unlike the thousands of investors
who were caught unaware, Graham
said he knew he was gambling.

"I was going into that with my eyes
open. I knew I could lose the money
and I was prepared to do that but I just
didn't want to miss out on the chance
there could be gold," said Graham, 39.

Graham said he wanted to write the
song to poke some fun at his fellow
investors who were a little too greedy
and at the major players at the top in
Bre-X.

It goes like this:

"This is a story about some
gold.
It's for the folks who
wished they'd sold.
Got caught up in all the
greed,
and look at the money that
just got peed."

Graham wrote the song in the summer
of 1998 to play at a beach party and it
went over so well he decided to put it
out on compact disc and cassette. He
claims he isn't angry about the gold
scam but some of his lyrics would
indicate otherwise.

"Michael de Guzman he
salted the core,
said there was a lot more.
Needed all of these riches,
married four different
bitches.
Don't throw me out the
plane,
I won't do it again."

Graham said he was more angry at
himself than Bre-X officials.

"I wrote the song for other people who
lost money. I'm sure there are a lot of
people a lot angrier than myself."

The part-time musician put out 500
CDs and several hundred cassette
tapes initially. Most of the CDs are
gone and he's originally lost by
investing in Bre-X.

"We pretty much broken even on the
whole deal. Didn't make a whole pile
of money but we got our money back
from what we lost investing and for the
cost of recording."

The biggest buyers of the latest Bre-X
stock are once again former investors.
Graham says the music seems to strike
a chord with most of them.

"There always seems to be one or two
lines in the song which strikes a chord
with them and pretty well everyone
who listens to the song is chuckling
somewhere."

The length of the song -- five minutes
and ten seconds -- is a bit long for
commercial radio air play. But his
wife Jodi says it's still popular in
central Alberta.

"Every time we go somewhere, big or
small parties, he's always asked to
perform it ... and he always does."