Search for King Sol’s mine

Some people dream of waking one morning to find a million dollars on their doorstep. Others buy expensive advice on how to pick lottery numbers. And yet others, a little more daring and, needless to say, careless, plunge into bizarre pyramid schemes offering fabulous returns on meagre investments.

If only the world worked this way, we’d all be lounging in Gold Coast condos. Alas, the world in reality doesn’t work this way. And almost all the dreamers and reckless gamblers, remain just that.

Take the case then, of a Vancouver company, Vault Explorations, whic h is planning to purchase a stake in Mali American Mines. The latter company, in the words of its promoter, none other than that magnanimous friend of the U.S. and gun runner Adnan Khashoggi, is searching for the fabled King Solomon’s Mines.

Mali American has concluded the old mine workings, which legend says were developed by the King of the Hebrews, are located in Mali, a small West African country. The combination of Mr Khashoggi and a dream of finding the fabulous treasure left behind by the good king, has pushed the price of Vancouver-listed Vault to $3.50 from 35 cents in less than two months.

Technical expertise of the company? Who cares. What about the geolog y of Mali and its potential for hosting economic gold deposits? Must you be so trivial? the public whines. “Just give us Adnan and King Solomon and we’ll all get rich — fast.”

One can’t help musing over that age-old adage: A fool and his money are soon parted.

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