Western Magnesium Corp V.WMG.H

KTD brought up Bre-X - National Instrument 43-101

[MagInvestor19]

Yet another interesting nugget of information.  National Instrument 43-101 put in place in Canada to stop disinformation from saying you created soemthing with no proof.

I did a little digging on Bre-X.  Fake gold basically on the FTX.  They claimed to have made gold from elements but never proved it but when a lawsuit was filed and actually verified it was found to be all a farce.  Billions lost in Canada and USA.

• Bre-X Minerals Ltd., often referred to simply as Bre-X, was a Canadian gold mining company tha…
  From a peak valuation of over $6 billion Canadian dollars ( CAD ), Bre-X’s shares collapsed and the company soon filed for bankruptcy. Among the many victims of the Bre-X scandal were Canadian pension funds such as the Ontario Teachers Pension Plan and the Quebec Public Sector Pensio…
• Bre-X Minerals was a major Canadian mining company that perpetrated one of the largest financ…
  The nature of the fraud involved deliberately contaminating core samples with gold derived from other sources.

The Bre-X mining fraud convinced Canadians to regulate professional geology in Canada.^[ The Securities regulation National Instrument 43-101 was created in the wake of the Bre-X fraud to protect investors from unsubstantiated mineral project disclosures.


KTD, interesting post again with Bre-X and National Instrument 43-101 for mining companies in Canada.

Hummmmmmm

[KonnectTheDots]

43-101 is for mining companies, WMG is a Technology company (read the news releases) There has never been anything like it in history according to some posters here.  Take BigRig and Stockprobe advice, call the company, they are very open (on the phone) they will probably tell you anything you want to hear.