The cloud of uncertainty looming over Bre-X Minerals continued to rain on most junior mining stocks.Led by the resource sector, the Vancouver Stock Exchange composite index lost 44.85 points, or 3.92%…
There were many tales told at the Busang property in Kalimantan, Indonesia, but one that might have a grain of truth was the story of the over-educated “egg-head” geologist sent by a major mining comp…
The principals of Bre-X Minerals (BXM-T) lost many millions on paper when the stock crashed on March 27. But not before they made millions exercising lucrative options and selling high.Insider trading…
A month ago, it was reputed to be sitting on the largest gold find of the century, but the ground is now shaking beneath Bre-X Minerals (BXM-T), operator of the Busang gold project in eastern Kalimant…
Widespread carnage among TSE golds; base metals also take a bashing The report period ended April 1 was no joke at the Toronto Stock Exchange, where the Bre-X Minerals bomb of the previous week turned…
Solid information on the disappearance of Michael de Guzman, project manager of Bre-X Minerals’ (BXM-T) Busang gold deposit, is still not available.Guzman apparently committed suicide on March 18 by j…
The ongoing confusion over Bre-X Minerals took its toll on almost all mining stocks on the Vancouver Stock Exchange during the report period ended April 1. The VSE’s composite index lost 121.82 points…
Bre-X Minerals disclosed these drill hole results from due-diligence investigations by Freeport-McMoRan at the Busang gold project:HoleInterval(m)Bre-X Go…
The Bre-X story will probably play itself out on the world stage for months to come, but it is now safe to say that something went terribly wrong at the company’s Busang gold project in Indonesia.We w…
As a commercial assayer, I am horrified at the panic created by the confusion over the assay results of Bre-X Minerals. The collapse of the company is an awesome example of what can happen when that l…
For most investors, the world of junior mining companies is akin to the Twilight Zone, where it becomes virtually impossible to differentiate between reality and fiction. In the past year alone, we’ve…
The apparent suicide of Michael de Guzman, chief geologist for Bre-X Minerals (BXM-T), on March 18 sent shock waves throughout the mining community and, in the process, cast the first doubts about the…
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