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  1. Jun 7, 2006 · Naturally, any suggestion de Guzman might be alive stirs up intense interest among those who watched the Bre-X disaster unfold. Thousands of people, most of them Canadians and Americans, lost a fortune when the truth about Busang was revealed. But the humiliation of Bre-X goes deeper than that.

  2. May 19, 2024 · Michael de Guzman Jr is also a geologist Geologist Mansur Geiger - a friend of Genie de Guzman - says she had told him her husband was still alive and had escaped to South America. Geiger believes ...

    • Stock of The Century: Investors Hit Jackpot with Gold Mining
    • Bre-X Geologist Plunges to His Death from Helicopter in Borneo
    • Nervous Investors Pound Bre-X Shares
    • The Many Conspiracies About Bre-X
    • Read More

    By Ric Dolphin, Edmonton Journal March 3, 1996 — The story is told of the Edmonton investor whose stockbroker recommended last year that he consider adding ”this promising little junior” to his portfolio. It was trading at around $2 and could well, said the broker, go to $5. The investor reputedly said, ”How many junior mining companies does a guy ...

    By Stephen Ewart, Calgary Herald March 20, 1997 — Calgary’s Bre-X Minerals Ltd. saga took a twist Tuesday when the geologist who discovered the world’s largest gold deposit fell from a helicopter over the Indonesian jungle. Mike de Guzman, 41, is missing and presumed dead. Bre-Xpresident David Walsh said it appears to be an accident rather than fou...

    By Calgary Herald and Herald wire services March 22, 1997 — Investors mercilessly pounded shares of Calgary’s Bre-X Minerals Ltd. Friday, after an Indonesian newspaper reported the company’s Busang gold discovery may not be as large as estimated and may not be worth mining at all. The report came two days after Mike de Guzman, Bre-X’s top geologist...

    When Bre-X went up in flames, the conspiracy theories took off. Even in the relative infancy years of the Internet, tales of what might have happened to the gold, the fortune and the key players spread like mad. Here are some of theories investors came up with: De Guzman Lives: In this popular yarn, Bre-X geologist Michael de Guzman — known as Big ...

  3. The question remains to this day, what really happened to geologist Michael de Guzman, who reportedly fell from a helicopter on his way to Bre-X’s Busang gold property. By the end of this article, you will finally know the answer. Background. My story begins in 1991 with a trip to Indonesia following graduation from MBA school.

  4. Jan 26, 2017 · Could Michael de Guzman still be alive? The Gold movie leaves De Guzman's death open to interpretation, including the possibility that he faked his death and paid someone to dump a body into the jungle. This seems to be the least likely theory, even though the ravaged and badly decomposing body that was found was never identified.

  5. en.wikipedia.org › wiki › Bre-XBre-X - Wikipedia

    The fraud began to unravel rapidly beginning on March 19, 1997, when Bre-X geologist Michael de Guzman reportedly died of suicide by jumping from a helicopter in Indonesia. A body was found four days later in the jungle, missing the hands and feet, "surgically removed". In addition, the body was reportedly mostly eaten by animals.

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  7. Apr 7, 2014 · Jul 15, 2024 1:15 PM EDT. Following the Bre-X gold deposit fraud of the mid 1990s, the project manager of the land, Michael de Guzman, disappeared. Author Alfred Lenarciak discusses his fictional ...

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