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In a December 16/96 issue of Business Week "The Mob on Wall Street" it tells me that any exchange even with best intentions can still have problems.Its regretable that sometimes these individuals prey on us,but I would still buy American Stocks. The Toronto Stock Exchange is a Very Creditible exchange.I see Bre-x as an exception an not the norm.
The market opens at $4 ,fluctuates between 4 and 5 then a new rumor that the new geoligist was hijacked by ufo's, the stork is halted ,opens aginst Walshs wish,tanks to a buck.Is halted and a news conference by David W saying no such things as UFOs and is sued by the orginaztion which beleives in them and says they have proof.No trading the next day because we still are trying to digest all the new info. All mistakes intenchinal/
I read somewhere that the cyanide-leach method of analysis, if used
incorrectly, may give readings typically of fifteen times greater
than readings which are obtained using the fire-assay method. 70.95
million ounces divided by fifteen gives 4.73 million ounces. I doubt
and hope that it is not this low. Rumour still says 20 million, which
justifies C$2+. Anyway, I am not a geologist.