Bre-X's Felderhof not guilty

The only guilty person in the entire Bre-X affair was the geologist that accidentally "fell" off a helicopter.
 
danmand said:
The only guilty person in the entire Bre-X affair was the geologist that accidentally "fell" off a helicopter.
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... poor dude, I remember that. The ultimate Fall Guy, no pun intended.

Or, he could be still alive...
 
I'd personally think that dude is long gone, dead.

But then again, who knows.

The fraud began to unravel rapidly on March 19, 1997 when Filipino Bre-X geologist Michael de Guzman died falling from a helicopter in Indonesia.

His body was found four days later in the jungle, mostly eaten by animals and identified from molars and a thumbprint.

(On May 12, 2005, however, the National Post published a front-page story asking if de Guzman might still be alive; one of his multiple wives claimed to have received a Brazilian money order from him, dated February 2005.)
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http://en.wikipedia.org/wiki/Bre-X
 
By the time the lawyers are through with it every available dime will have gone to pay their fees instead of to the poor bastards that got conned.
 
Not Guilty...

the OSC is totally incompedent (sp) and in fact they would not have been sucessful in prosecuting Conrad Black...That's why it was best the Americans went after him as the OSC would have failed (again)...
 
Pargolfer said:
the OSC is totally incompedent (sp) and in fact they would not have been sucessful in prosecuting Conrad Black...That's why it was best the Americans went after him as the OSC would have failed (again)...
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The problem with the OSC is the "O"... we need a FEDERAL securities regulator, not a provincial one.
 
He was charged with insider trading IE he knew something. It was shown that in fact he knew nothing and frankly was stupid.
Since he was not charged with being stupid he gets off.
The prosc could not show that HE KNEW ANTHING..they did show he was stupid.
that is all.
Both Walsh And Felder. were 2 losers who fell in love with getting rich. Guzman helped them reach that dream
You have to admit
The gold that was salting the samples wasdone with the king of gold flakes found in rivers NOT IN THE GROUND
the samples were tested by an OUTSIDE lab and shown to contain gold.Did anyone at the ind. lab not know the differece between the types of gold?

NOOO

Lots of stupid people
Remember that next time you buy shares in the next big thing.
Disclosure
Owned No BreX
and will never buy sharesin any country run by a family..unless they come from quebec

Daboy

Far too much drinking IMHO

daboy
 
The funny thing is someone made a pile of money off Bre-X. There are two side to every transaction on the stock market.

So I wonder who were the big winners?
 
Berlin said:
I'd personally think that dude is long gone, dead.

But then again, who knows.
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He spent a lot of time falsifying records, it could be that was the last one he had done. He seemed to have a plan up to that point.
 
Guzzi is alive. Some poor slob got to fall out of a HC and be eaten by wild pigs.
Probably cost Guzzi 1K
Could be a great movie
call HBO

daboy
 
Pargolfer said:
the OSC is totally incompedent (sp) and in fact they would not have been sucessful in prosecuting Conrad Black...That's why it was best the Americans went after him as the OSC would have failed (again)...
Click to expand...
maybe he really isn't guilty.
 
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