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Bre-X Minerals Ltd. |
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Bre-X Minerals Ltd. A company involved in one of the largest stock swindles in history. Its Indonesian gold property, which reportedly contained over 200 million ounces, was proven fraudulent in May of 1997. Notes: At its peak, Bre-X had a market capitalization of US$4.4 billion.See also: Fool's Gold, Leprechaun Leader, Mr Copper, Ponzi Scheme, Prime Bank, Salad Oil Scandal, ZZZZ Best How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| The die was cast for the financial fiasco involving the proposed mines owned by Canadian-based Bre-X Minerals Ltd. District Court for the Eastern District Court of Texas (Texarkana Division) denied all pending motions of the Plaintiffs seeking to certify a class action in the lawsuit against several Defendants, including Barrick, related to Bre-X Minerals Ltd. 3 percent of the outstanding shares of Bre-X Minerals Ltd. |
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