No one knows for sure if Bre X is actually gay, but there are some clues that indicate he could be. First, he has never been seen with a girlfriend or wife. He also tends to dress in more flamboyant, colorful clothing than most men. In addition, he is known to frequent gay bars and clubs. Whether or not Bre X is gay, he has certainly been an important figure in the gay rights movement. He was one of the first openly gay men elected to public office in the United States, and is a strong supporter of equal rights for all.
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What did Bre-x do?
Bre-X Minerals Ltd. was a Canadian gold mining company that became infamous in the 1990s for its part in the Bre-X gold scandal. Based in Calgary, Alberta, the company was founded in 1991 by David Walsh. The main asset of the company was the Busang gold deposit in Indonesia, which was estimated to contain more than 100 million ounces of gold. However, it was later revealed that the gold deposit was fraudulent and that Bre-X had engaged in a massive gold salting scheme. This led to the collapse of the company and the scandal led to criminal charges against several individuals, including Walsh.
Who was responsible for Bre-x?
He was a Bre-X geologist who was in the center of one of Canada’s biggest stock market scandals. He died of natural causes at the age of 79.
In 1989, the company was established as a subsidiary of Bresea Resources Ltd., also known as Bre-X Minerals. David Walsh bought land near the Busang River in Borneo, Indonesia, in 1993. Michael de Guzman, project manager at the time, collected gold from his wedding ring and mixed it with flakes.
The Bre-x Minerals Ltd gold mining scandal
Bre-X Minerals Ltd., one of the biggest gold mining scandals in history, reported an Indonesian gold deposit, but later admitted it lied about the discovery. Many people have been affected by this scandal, with Canadian pension funds losing millions of dollars in investments. David Walsh bought a property near the Busang River in Indonesia’s Borneo in 1993, the catalyst for the Bre-X scandal. Geologist John Felderhof advised Walsh to buy the land and told him it was the ideal location for a gold mine. At first, Walsh thought the site was worth a few thousand dollars, but he found out it was worth much more. Bre-X announced the discovery of gold in Busang, East Kalimantan, Indonesia, in 1997. According to the company, the deposit was worth $5 billion Canadian dollars. As a result of further investigation, it was discovered that Bre-X had embellished the findings. The company discovered only a small amount of gold in Busang, with the actual value of the deposit much lower. In response to the Bre-X scandal, Canadian pension funds lost millions of dollars in investments. Pension funds are mostly made up of money raised by private company employees, who may have lost money in the Bre-X scandal. The Ontario Teachers Pension Plan and the Quebec Public Sector Pension Fund are among those who lost money as a result of the Bre-X scandal. The Bre-X scandal has long-term consequences for many people. According to Bre-X, the scandal has led to the closure of mines in Indonesia and the loss of thousands of jobs. In addition, the scandal has led to a drop in the value of Indonesia’s currency, which has had a negative impact on the economy of the country as a whole.
Who started Bre?
There is no definitive answer to this question – it depends who you ask! Some people say the first person to ever brew beer was a woman named Sarah, while others believe it was a man named Sumner. Regardless of who actually started it, brewing beer is an ancient art that has been enjoyed by people all over the world for centuries.
X Minerals Ltd. Scandal
In 2015, X Minerals Ltd. embroiled in a scandal after it was revealed that the company bribed officials to get mining contracts. The company was fined and several employees were fired. The scandal caused the company’s stock to plummet and its reputation to be severely damaged.
