I remember when I was in College at the University of Illinois
in the early to mid 90's and I saw Bre-X, I was just amazed at how
it went from less then a buck to $250, but then of course we all
know what happened. Anyway Bre-X brings back
some nostalgia.
Of course I never owned Bre-X, I did play around with a few of
the Canadian Juniors, one went from 0.50 cents to $5 in a week,
Fairmile Res I think? unfortunately I was pretty green
and rode it all the way back down too. Just like a lot of
those Canadian Vanc, it was pump and dump by a big promoter
and was total pump and dump.
Alas It would have been much better for me to buy some CSCO or
YHOO or AOL or JDSU and held till 1999 rather then playing with
that crap.
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Brian Mulroney was (and still
SVM - The plot thickens
Posted by yojimbo on 13th of Sep 2011 at 01:45 pm
Brian Mulroney was (and still is) on the Board of Directors for Barrick, which was one of the suitors for Bre-X.
I remember when I was
Posted by matt on 13th of Sep 2011 at 02:03 pm
I remember when I was in College at the University of Illinois in the early to mid 90's and I saw Bre-X, I was just amazed at how it went from less then a buck to $250, but then of course we all know what happened. Anyway Bre-X brings back some nostalgia.
Of course I never owned Bre-X, I did play around with a few of the Canadian Juniors, one went from 0.50 cents to $5 in a week, Fairmile Res I think? unfortunately I was pretty green and rode it all the way back down too. Just like a lot of those Canadian Vanc, it was pump and dump by a big promoter and was total pump and dump.
Alas It would have been much better for me to buy some CSCO or YHOO or AOL or JDSU and held till 1999 rather then playing with that crap.