Egizio Bianchini, stock broker and one of Canada’s top gold analysts, said “What most people are now realizing is that Bre-X has made one of the great gold discoveries of our generation.” The Timeline: 1989: David Walsh founded Bre-X Minerals Ltd. in 1989 as a subsidiary of Bresea Resources Ltd. Bre-X prepared for big times ahead by building a gold-plated website, where you could generate your own Bre-X stock chart to follow its meteoric rise. It also had a chart showing the equally meteoric rise of the estimated gold resource: together, those two pages could infect anyone with gold fever. Get the latest Gold price (GC:CMX) as well as the latest futures prices and other commodity market news at Nasdaq. Bre-X Minerals Ltd., a member of the Bre-X group of companies, was a junior Canadian mining company that was once reported to be sitting on an enormous gold deposit at Busang, Indonesia (on Borneo).Bre-X bought the Busang site in March 1993 and in October 1995 announced significant amounts of gold had been discovered, sending its stock price soaring. GOLD CHARTS R US. Home Page; Free Resources. Kitco Archives. Kitco Conventions; Kitco Forum Archive 1997-99; Kitco FAQ; Another's Thoughts; Mozel's Thoughts; Book Of Second Opinions; Gold's Revenge; Goldbug Acronyms; I Love Gold Songs; Free Charts; Gold Books Recommended; Gold Books; Gold Forums; Gold Infographics; Gold Papers; Mega Coin Links BREX stock quote, chart and news. Get 's stock price today.
1 Jan 1999 the next four years, Bre-X perpetrated the biggest gold mining fraud in history.2 not limited to a fall in share price, however. On April 8, 1997,. 7 Apr 2018 In this interview, Warren shares his first-hand experience of the Bre-X Warren turned $250000 of his own money into $5600000 as Bre-X's share price The bulk of that money has been made in mining; specifically in gold 17 Dec 2017 It's up 2153% year-to-date. Not a typo. The chart posted is for last week, where the stock added a lazy 900%. How are those gold stocks looking Egizio Bianchini, stock broker and one of Canada’s top gold analysts, said “What most people are now realizing is that Bre-X has made one of the great gold discoveries of our generation.” The Timeline: 1989: David Walsh founded Bre-X Minerals Ltd. in 1989 as a subsidiary of Bresea Resources Ltd.
In 1996, Bre-X, a small Calgary-based mining company, announced that it had discovered gold deposits in Indonesia. 1997, shareholders are stunned to learn that there may in fact be no gold. This revelation has halted trading of Bre-X shares on the Toronto Stock Exchange. The share price crashed to $2.50 per share. 28 Oct 2019 Bre-X was the darling of the Toronto Stock Exchange after reporting finding a major gold deposit in Indonesia. But the Busang mine find was Gold and gold stocks fluctuate strongly to each other, which only few investors know. Sometimes Picture. Source :http://www.visualcapitalist.com/bre-x- scandal-history-timeline/ Picture. Source Chart: http://www.stockhouse.com . Picture. 9 Jun 1997 He drew a diagram. It made Bre-X was a gold-mining hoax--the largest of any century--until it collapsed onto itself last month. But not before Walsh, his wife, and Felderhof had mined roughly $50 million from stock sales.
9 Jun 1997 He drew a diagram. It made Bre-X was a gold-mining hoax--the largest of any century--until it collapsed onto itself last month. But not before Walsh, his wife, and Felderhof had mined roughly $50 million from stock sales.
30 Jul 2007 Bre-X tells investors the site might contain 1 million ounces of gold. Bre-X's share price tumbles to $2.50, with roughly $3-billion in market cap 3 Jul 2019 Gold mining can create millionaires and criminals. website, where you could generate your own Bre-X stock chart to follow its meteoric rise.