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.
Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?


To: RG who wrote (23609)4/21/1999 1:49:00 PM
From: blankmind  Respond to of 37507
 
it would seem it did trade on the naz

One stock that would be setting domestic air speed records for descent today, Bre-X Minerals, has had its inevitable plummet postponed in the U.S. The Nasdaq Stock Market said Bre-X would remain halted on its exchange at least until May 13, when it plans to chat with Bre-X officials in a Nasdaq Listing Qualification Panel meeting.
The Toronto Stock Exchange, in its infinite wisdom, opted to open trading in the disgraced nonmining company at 9:30 a.m. EDT. Sure, the crushing demand for Bre-X had essentially crashed the exchange on past occasions, but that was way back when there was some doubt about whether any gold might be found at Busang. Now that it's a dead certainty that mining gold there would require alchemy, it's a perfect time to start trading Bre-X again, right?
At 10:26 a.m., the TSE halted trading in Bre-X "due to system problems." But before that unsurprising action, the stock provided a preview of its likely Stateside fate. Having closed at C$3.155 per share Friday, Bre-X collapsed to 7.5 cents on volume of 35.4 million shares. Is that fair value for some faraway holes in the ground? We shall see.


204.202.137.113



To: RG who wrote (23609)4/21/1999 3:12:00 PM
From: Serge Collins  Respond to of 37507
 
RG: << Did Bre-X list on Nasdaq? >> Answer -- yes it did, and soon after it began its long slide into infamy.