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.
Even @anounceofsaltperday wouldn’t like the salting of this mine in this hoax.
I believe real people lost real money in this one.No tags for this post.