The Bre-X scam did one good thing and that was to alert investors to the world of mining fraud and scams. But there are always new scammers who continue to work that game and investors who fail to do their research. The Bre-X scam also resulted in Canada taking action to prevent another Bre-X but the US remains lax in investigating mining scams until it is too late and the sheep have been sheared.
I call it a serious case of "gold fever" and the current price of gold only feeds that illness. Scams in Arizona continue today.
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