Gold of BreX The World Biggest Gold Mining Scam Alfred Lenarciak 9781946250438 Books
Download As PDF : Gold of BreX The World Biggest Gold Mining Scam Alfred Lenarciak 9781946250438 Books
Between 1994 and 1997, Canadian company Bre-X Minerals, sponsored and promoted to listings on the TSX and NASDAQ by JPMorgan, Lehman, BMO, and others, was exploring for gold on the Busang property on the Indonesian island of Borneo.
Bre-X's efforts bore the discovery of a lifetime a mammoth deposit estimated to contain over 200 million ounces of easily extractable gold. The company's stock exploded from
25 cents to over $270, effectively valuing Bre-X at over $6 billion and attracting the interest of major mining companies. Barrick, Placer Dome, and Freeport McMorran, all the major players at the time, started competing to develop the largest gold deposit ever discovered. In early 1997, Indonesian President Suharto and his government took control of the deposit by force and commissioned Freeport to build a mega mine. In the ensuing months, due diligence revealed that the deposit was a gigantic hoax! There was no gold in Busang. The principals of Bre-X were accused, but never convicted, of salting samples before sending them to labs. Michael de Guzman, a Filipino geologist who served as the project manager, allegedly committed suicide by jumping from a helicopter into the abyss of Borneo's jungle. Minorca Resources of Toronto were the financial partners of the Haji Sayakarani group of companies that owned Busang; Alfred Lenarciak was the chairman of Minorca at the time. In a strange twist of fate, in February 2012,
Alfred had a chance encounter in Rome with a man by the name of Akiro Guzzo, who shared with him an amazing story about the life and death of Michael de Guzman, the creator of a fake gold mega deposit. Is this really a dead man's story?
Gold of BreX The World Biggest Gold Mining Scam Alfred Lenarciak 9781946250438 Books
I bought this book after reading the narrative thinking it was a true story about the Bre-X fraud. When I received the book, on the very back cover it says it is a novel.Product details
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Tags : Gold of Bre-X: The World's Biggest Gold Mining Scam [Alfred Lenarciak] on Amazon.com. *FREE* shipping on qualifying offers. Between 1994 and 1997, Canadian company Bre-X Minerals, sponsored and promoted to listings on the TSX and NASDAQ by JPMorgan,Alfred Lenarciak,Gold of Bre-X: The World's Biggest Gold Mining Scam,Book Venture Publishing LLC,1946250430,FICTION General
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Gold of BreX The World Biggest Gold Mining Scam Alfred Lenarciak 9781946250438 Books Reviews
This fantastic "faction" had me hooked from start to finish.
I bought the book after seeing the movie Gold with Matthew McConaughey.
I read "BRE-X DEAD STORY" two years ago and founded it to be a real page-turner that reveals what really happened in the built-up of the greatest scam in the history of mining.
GOLD OF BRE-X is a short and gripping novel where the author used his imagination and number of techniques usually found in fiction to bring this true story alive for his readers that also inspired the screenwriters of the movie GOLD.
I bought this book after reading the narrative thinking it was a true story about the Bre-X fraud. When I received the book, on the very back cover it says it is a novel.
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