The whole bre-x saga really amazes some Americans when I explain the depths of fraud that have historically existed in AB and BC small cap mining stocks...
For the longest time the historical Vancouver stock exchange, vsx, was known as something like the fraud capital of North America.
All of that is before we even get into the ugly history of some Canadian mining companies that have got into bed with non-democratic regimes in places in the developing world, where they did actually have a real mineral resource to extract, and damn the consequences.
Never heard of this, reading the wiki on bre-x now...
" ...one of the five women who considered themselves his wife... "
This is some serious drama. Have you got any reading you can recommend on the topic? I recently bought "The Prize" to catch up on my oil & gas history, perhaps there is a sibling book for minerals?
as I recall several Canadian journalists wrote books on it. It was also extensively covered in the western provinces' newspapers and national papers (the globe and mail, etc) at the time.
