Daily Archives: October 29, 2019

There’s no gold in them thar hills

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The final chapter in one of the biggest financial hoaxes in Canadian history.

Bre-X was the darling of the Toronto Stock Exchange after reporting finding a major gold deposit in Indonesia. But the Busang mine find was later revealed to be a fake, resulting in the company’s shares nose-diving and wiping out about $3 billion in investors’ money.

www.cbc.ca/news/canada/calgary…

Even @anounceofsaltperday wouldn’t like the salting of this mine in this hoax.

I believe real people lost real money in this one.

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