Most Canadians will think it s based on the $6 billion Bre X Minerals Ltd stock market swindle of the 1990s the country s most notorious scandal But for legal and mass appeal reasons the company in the film is not Calgary based Bre X but fictitious Reno Nev based Washoe Mining Inc
Some believe the film Gold is based on Calgary based Bre X Minerals scandal of the 1990s which marked a watershed in the mining industry
Bre X on The film is loosely based on the true story of the 1993 Bre X mining scandal when a massive gold deposit was
Anyone familiar with Canada s Bre X mining scandal in the 1990s knows how Gold plays out If you aren t aware of it don t worry—there won t be any spoilers here Suffice it to say the true events offer up a rich vein of material Unfortunately
Related Links bre x mining scandal of 1997 calendar bre x mining scandal of the 1990s tv bre x mining scandal of the 1990s fashion washoe mining indonesia scandal ksa Get A Free Quote The Bre X Scandal Ends
Bre X Minerals Ltd a major part of Bre X based in Calgary was involved in a major gold mining scandal when it reported it was sitting on an enormous gold deposit at Busang Indonesia in Borneo Bre X bought the Busang site in March 1993 and in October 1995 announced significant amounts of gold had been discovered sending its stock price
Based on the true story of Canada s infamous BRE X fraud in which a fledgling mining company became an overnight behemoth by claiming to have discovered the largest deposit of gold on the
The fraudulent Bre X deal is expected to have repercussions for future deals in Indonesia 1997 The Bre X bubble bursts Investors panic when scandal rocks the small Calgary based mining company
Joe Groia lawyer for John Felderhof The Supreme Court of Canada has dismissed a series of complaints against a lawyer who was found to have breached the rules of civil courtroom behaviour during his aggressive but successful defence of a man charged in the 1990s billion dollar Bre X mining fiasco
12 days ago· From its start in 1994 until the bitter end a few years later the share price rose then fell like a meteorite in what was to become perhaps the biggest mining scandal in history After drilling twin holes alongside Bre X s originals mining giant Freeport McMoRan reported finding only small amounts of gold
All that glittered was not gold Bre X scandal Auditor s report says 16 400 ore samples were faked a record The little mining company in Calgary Alberta reported the biggest gold strike of the century in a remote place called Busang in the hinterland of Indonesia s Borneo island
From Wikipedia the free encyclopedia Bre X was a group of companies in major part of the group Bre X Minerals Ltd based on Calgary was involved in a major gold mining scandal when it was reported to be sitting on an enormous gold deposit at Busang Indonesia on Borneo Bre X bought the Busang site in March 1993 and in
Loosely inspired by the story of David Walsh and the Bre X Minerals mining scandal in the 1990 s Gold is director Stephen Gaghan s first wide release directorial effort since Syriana over a decade ago Unlike that film though Gaghan didn t handle writing duties here and quality may have suffered because of it
Shock greets Bre X verdict By Thulasi in investments in the Bre X gold mining scandal but rose to $226 a share in the mid 1990s on the promise of a giant
Directed by Stephen Gaghan the movie repackages the Bre X gold mining scandal that happened in the country during the 1990s That time Bre That time Bre
By now most Canadians certainly most Pictonians — have heard of the film that s a parody of the Bre X gold mining scandal in the 1990s involving Calgary based Bre X Minerals The story lines you discover quickly when watching the movie were altered to Americanize the presentation for audiences south of the border
Shares of Bre X surged from just pennies to more than $280 a share But when the Indonesian government brought in mining giant Freeport McMoRan to confirm the deposit they found nothing But when the Indonesian government brought in mining giant Freeport McMoRan to confirm the deposit they found nothing
In the mid 1990s a Canadian mining company Bre X announced that it had discovered an impressive treasure chest which led to a major increase in its shares
The last lawsuits against Bre X Minerals Ltd which shook Bay Street in the 1990s when its claims about an Indonesian gold find turned out to be fake have been dismissed by an Ontario judge after lawyers for the burned investors finally threw in the towel
Whether motivated by greed corruption or fraud these are the 25 biggest corporate scandals ever
John Felderhof the lone remaining key figure in the multibillion dollar Bre X gold fraud was found not guilty on Tuesday of insider trading and misleading investors in the only prosecution brought in the greatest mining scam of all time
In 1993 a prospector named Michael de Guzman walked out of the jungles of Borneo with extraordinary news he found This is according to MasterMinds a Canadian true crime documentary television series produced by truTV
· Bre X initially said the site contained 30 million ounces of gold but raised the figure several times eventually claiming Busang held about 71 million ounces Stock in the mining company climbed with each successive exaggeration eventually reaching C$201 per share
In 1990 he joined the Craig T Nelson Stacy Keach and Bruce Greenwood The film is loosely based on the true story of the 1993 Bre X mining scandal
He says there are remarkable similarities between this 426 year old mining swindle and the Bre X scandal of the 1990s In that case a junior Canadian mining company claimed to have found a gigantic gold deposit in an Indonesian jungle The news sent the company s penny stock skyrocketing to $280 only to collapse when it was revealed
Matthew McConaughey touches a tiger and finds gold in the jungle in the the rest of the story is loosely based on the true events on the Bre X mining scandal of
BRE X The Inside Story [Diane Francis] on FREE shipping on qualifying offers For 2 years BRE X was the darling of the world s stock markets Millionaires were created over night until the scam was uncovered
Jungle Fever The BRE X Scandal Canada s tiny BRE X mining company moves into the ranks of the fueled by the excesses of the red hot stock markets of the 1990s
I saw this film today It was entertaining enough and supposedly based on a true story Actually after doing some research at the web site >Gold is heavily fictionalized story about the Canadian mining company Bre X Minerals scandal of the mid 1990s
The Matthew McConaughey movie Gold currently in theatres is loosely based on the real life Bre X mining scandal from the mid 1990s For those who may not remember the Bre X scandal was the largest fraud to occur in Canada to that date — and there s a tie to Nova Scotia
Bre X Minerals Ltd a major part of Bre X based in Calgary was involved in a major gold mining scandal when it reported it was sitting on an enormous gold deposit at Busang Indonesia in Borneo Bre X bought the
AS A BUY Bre X Minerals Ltd stock appealed to many appetites The little mining company in Calgary Alberta reported the biggest gold strike of the century in a remote place called Busang in the hinterland of Indonesia s Borneo island
Gold Trailer Matthew McConaughey Touches a Tiger ScreenRant While the Washoe Mining Company in the movie is named for the popular California Washoe Mining Region in 1862 the rest of the story is loosely based on the true events on the Bre X mining scandal of 1993