Rick, do you think MMY was party to the deliberate dishonest exaggeration of the gold content from the exploratory mines that led to Global Gold Corp's stock value surge ?
Perhaps MMY, rather than an intimate participant in the dishonesty by the Global Gold Corp, was innocent of the stock fraud. I recall that Neil P was said to have had a nervous breakdown earlier in the decade. Perhaps news of Neil's 'nervous breakdown' was related to the discovery of the fraud. --- In FairfieldLife@yahoogroups.com, "Rick Archer" <r...@...> wrote: > > From http://en.wikipedia.org/wiki/Neil_Paterson_(politician): "Neil Paterson > owned 92% of Global Gold Corp, while his brother John owned the remaining > 8%." Where did Neil get the money to own that 92% share? He worked full-time > for the TMO all his life. Unless there was an inheritance, the TMO must have > invested in the company, as it often did in business ventures. If that is > the case, knowing MMY's micro-managerial tendencies, he was probably > consulting with Neil on a regular basis, dictating or influencing decisions > which led to the current state of affairs. The company was worth over $800 > million in 2004, when MMY was still very much alive. If you think he > wouldn't have had his fingers in that pie, you don't know him very well. >
