Michael de Guzman, 49, had a blood-alcohol content of .13 when he plowed his 2017 red Camaro into aspiring doctor Raife Milligan , 21, on East Houston Street in Manhattan's East Village. The Busang discovery made the Bre-X team rock stars in the mining world. It made fools of us all: the analysts and journalists who breathlessly reported the faked results, the executives who clamoured to partner with Bre-X, the investors who got sucked in to the hype, and the authorities who were seemingly powerless to do anything about it. Thompson attended a Bre-X presentation a year ago and was impressed, he says, by the Calgary companys low-keyed pitch and by what his geologist contacts were telling him about the company underestimating the size of the deposit. Instead, Maliangga and a half-dozen other Indonesians are more interested in the recipe to make a fortune. 310-***-**** View . He saw his brothers corpse just before it was buried not cremated as is often reported, one of the many misconceptions about the case. De Guzman was travelling in a helicopter at about 250 metres slightly higher than Calgarys Petro-Canada Tower (now the Suncor Energy Centre) when he suddenly went through a previously closed door and disappeared into the dense jungle on the island of Borneo, Walsh said. Gold and copper core samples in storage at a Benguet mining company warehouse on the Philippine island of Mindanao. With Daniel Lippman. Not that Thompson is ready to cash in his Bre-X stocks not just yet. 3 Beds. That bus driver whose name Thompson will not divulge had since bought another 17,000, bringing his total worth on paper to about $4.5 million. Enterprise. Goldfingered:In his day, Indonesian President Suharto was every bit as powerful as a Bond-movie villain. DWR's Snow Surveys and Water Supply Forecasting Unit Manager Sean de Guzman talks about big gains with California's snowpack on March 3's third snow survey at Phillips Station. Click a location below to find Michael more easily. In the days following his death, the National Bureau of Investigation in the Philippines had trouble matching his fingerprints and identifying the corpse. 3D WALKTHROUGH. Maiko de Guzman. Ki, Michu, de Guzman Where Swansea City's cup-winning heroes are now 10 years on Russell Martin says there's been no talks over his job and is already planning 'huge' summer for Swansea City . De. Suite 2020. He experiences failure and success, surprise and heartbreak. One of de Guzman's widows said she received a $25,000 money order from her supposedly dead husband earlier this year. Catch up on what's happening in Calgary with the Noon News Roundup every weekday, Catch up on what's happening in Calgary with the Noon News Roundup, Bre-X: The real story and scandal that inspired the movie Gold, Braid: Silence from 21 UCP ministers and MLAs as budget shuts out Calgary downtown, Calgary Public Library postpones drag storytime after protesters shout at parents, kids, Nordstrom closing at CF Chinook will leave big hole in retail landscape, Mother of 2009 homicide victim 'not surprised' by killer's latest murder charges, Premier blames Ottawa for barrage of emergency alerts. Michael A Guzman, 82. Anything is possible for the man who pulled off Canada's heist of the century and then disappeared into a cloud of mystery. Its a story of greed, gold, and downright mystery even today, two decadesafter Bre-X became the Cinderella stock darling of the world before suffering a dramatic collapse. The investor reputedly said, How many junior mining companies does a guy need? A search-and-rescue team is looking for de Guzman, Bre-X said. ( 1 ) $6.99. The stock, which surged from pennies to more than $280 a share, plunged. His integrity was solid and his life consisted of work and family, which soon grew to include six children with wife, Tess. While some businesses saw a decline in revenues and activities over the past two years, Melissa From says the pandemic opened a world of opportunities for Junior Achievement and she is now trying to recruit more staff to help with the increase in requested programs. For more than eight years, that was all we knew about the mysterious death of Michael de Guzman. When others tried to confirm the deposit, they found nothing. He was diagnosed with hepatitis B and about to face tough questions about why a large independent mining company couldnt find gold at a remote site that was supposedly among the worlds biggest deposits. In the back of the helicopter, police found a plastic shopping bag containing two sets of handwritten notes, one addressed to Bernhard Leode, a Bre-X accountant whom de Guzman barely knew. Isolated from the outside world and unaware of the stock market fever surrounding the find Ian sensed trouble. But his career demanded constant travel to distant mining outposts, giving him plenty of opportunity to indulge his affection for the opposite sex. Two years after the Pelsart incident, de Guzman and long-time colleague John Felderhof were prospecting for an Australian firm in a remote area known as Busang on Borneo island. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. Students at the gym gave him rave reviews for his training sessions outside the facility Friday night. Deep in my heart I know hes gone., Theories on how the Bre-Xtampering scam was carried out. The scheme later became more sophisticated, relying on finer- quality river gold obtained from local Dayak panners. The veteran Filipino geologist who couldn't get colleagues to take his wild theories seriously until he was credited with perhaps the greatest find of all time. Even more depressing is the knowledge that it could all happen again. Maich, Steve. 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. Last Marchs meeting at the Hilton wasnt the first time Thompson heard of Bre-X. o fim do tubaro pela quarta vez. Bre-X stepped in and, in 1993, made its first claim to find significant amounts of gold. Bre-X, on the other hand, has been quoted to have more than 40 million ounces of gold and has only 24 million shares outstanding. The 23-page study intimates de Guzman was a scapegoat in an intricate scam, serving as the fall guy for others. .. De Guzman became a millionaire four times over, having cashed in stock options. Freeport can walk away from the deal if the due diligence indicates the project will not produce what was originally estimated, said Kerry Smith, analyst at First Marathon Securities Inc. Analysts said it would be inconceivable that de Guzmans fall from a helicopter into the swampy Indonesian jungle would be due to irregularities in the sampling program at Busang. I am doing my essay on the Ted Talk titaled How One Photo Captured a Humanitie Crisis https; School-Plan - School Plan of San Juan Integrated School; ANSC 422 Lecture 2 - Dr. Kleinman; ANSC 422 Lecture 1 - Dr. Kleinman; SEC-502-RS-Dispositions Self-Assessment Survey T3 (1) Techniques DE Separation ET Analyse EN Biochimi 1; C799 Task 2 - Task 2 . De Guzman recalled in a recent interview with Far Eastern Economic Review trekking 30 kilometres with all his gear on to the Busang site and spotting the yellowish volcanic rock. Contact. Michael R Guzman, age 58 View Full Report Address:***** Smith Rd, Yuba City, CA. Could De Guzman have been tortured and murdered before plummeting from the helicopter? Naturally, any suggestion de Guzman might be alive stirs up intense interest among those who watched the Bre-X disaster unfold. He cracked jokes, revelled in his new fame, and spent his free time at a Toronto strip club, regaling the dancers with tales of his wealth and bravado. Felderhof says those who declared Busang lacked gold, causing the companys stunning collapse, were inept. Hes not alone believing in the areas potential. March 20, 1997 Calgarys Bre-X Minerals Ltd. saga took a twist Tuesday when the geologist who discovered the worlds largest gold deposit fell from a helicopter over the Indonesian jungle. And it still has lots of exploring to do . Real life can be stranger than fiction, which is why stories from the news often form the basis of scripts forthe big screen. Today, he would collect DNA and make a positive identification himself. 650 Springhill Ring Road. Creativity, quality & efficiency are the goals I strive for in seeking to leverage my skills & industry knowledge as a developer to drive business growth & resolve . Almost every night, he headed to a local strip club, For Your Eyes Only, striking up a friendship with an exotic dancer. Bre-X Geologist Mike de Guzman Rumoured to be Alive. "Bre-X Geologist Mike de Guzman Rumoured to be Alive. Within days, de Guzman was dead. Many local villagers worked at the company during Busangs glory years. 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. In early March of 1997, de Guzman made a presentation to analysts and industry execs at the annual Prospectors and Developers Association convention at Toronto's posh Royal York Hotel. An Instagram account appearing to belong to the driver shows he is a Muay Thai trainer who is part-owner of a gym in Long Island City, Queens. Its often been said that the story of Calgarys Bre-X Minerals had all the makings of a Hollywood script: gold, love, betrayal and mystery. In the end, de Guzman is killed to keep him quiet. Started by Calgary stockbroker David Walsh in 1989 to explore for gold in the Northwest Territories, Bre-X languished until 1993 when Walsh met an Australian geologist and the pair raised $150,000 to stake a claim on the Indonesian island of Kalimantan. Dr. Michael De Guzman, DO is a ophthalmology specialist in West Dundee, IL. Visit our Community Guidelines for more information and details on how to adjust your email settings. He was very excited.. Mining analysts call it the gold find of the century. A coming together of the world we live in and the world inside my head. Dr. Michael De Guzman, DO Ophthalmology Male Age 34 Dr. Michael De Guzman, DO is an Ophthalmology Specialist in West Dundee, IL and has over 7 years of experience in the medical field. Michael de Guzman. Cart. De Guzman continued on toward Busang, but he never arrived. Theyve only deepened in the decade since he reportedly fell out the doors of an Alouette III helicopter high above the Borneo jungle. Thousands of people, most of them Canadians and Americans, lost a fortune when the truth about Busang was revealed. Plus get exclusive members only sales, new product info and more! Our abiding interest gives the answer. Despite the Bre-X trickery, there are still those who believe massive amounts of gold could kickstart a commercial mine in the jungle. All of this added to the allure of what was touted in 1996 by one Canadian analyst to be the gold discovery of the century and an investors political minefield at the same time. Multiply $5,000 by 75 and you might get an idea of how many times that investor has kicked himself in the rear end since. During the surreal period that followed, he was fingered as the mastermind of a tampering scam that convinced the world Bre-X controlled a 70-million ounce gold discovery at its Busang site. Trading in Bre-X shares was halted Friday morning at Bre-Xs request when its shares went into freefall. Even back then, however, there were doubts about de Guzman's apparent suicide. Its not a nail salon, Im not there to,like, feed your ego, he says. Hes now a regular contributor of a local photography magazine for the landscape section. Being the eldest son in a devout Catholic family, the responsibility of helping out financially fell to de Guzman, a role he took on by selling newspapers and flowers from an early age. For de Guzman, Busang was the pinnacle of an otherwise unremarkable career, much of it spent chasing gold deposits along fault lines and spent volcanoes in Southeast Asia with his buddy John Felderhof, a Dutch-born prospector who would become chief geologist for Bre-X. Photos, which are screenshots from a video (still not circulated), show the young actor (allegedly) "jacking off" in front of a web camera. In 2012, August, he took another workshop specializing in Fine Arts black and white landscape and he was taken into the process. More than nine million Bre-X shares changed hands Friday as rumors spread that de Guzman, 41, had jumped when he learned of concerns over the size of the Busang deposit. He started shooting near infrared and color but he always has a different feeling for black and white. An Indonesian travel agent wont entertain queries about visiting Busang. Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. These little vines with hundreds of little hooks on them, theyre barbed. Its hardly effortless. Michael de Guzman,a Filipino geologist, was struggling to get recognition from his employer. Just a Japanese gal addicted to makeup especially K-beauty Office: 847-426-0227. And you had to be really careful, recalls Cavicchi, who lives in Okotoks. Its 32 C. With near 100 per cent humidity, a cotton shirt melts to the skin like Saran Wrap. Such is the case with the taleof Calgarys Bre-X Minerals. The death was a convenient way to silence anyone else with knowledge of the salting scam, Bailen surmises. Another forensic scientist, known as the Sherlock Holmes of the Philippines, reviewed the case for the family and believes de Guzman was tortured and murdered, likely for information about the gold site. A message was relayed that Genie should check her bank account. Includes Address(10) Phone(2) Email(1) See Results. In 1990, Pelsart Resources fired de Guzman for using company funds to buy food and furniture for a woman, according to the report by Forensic Investigative Associates (FIA). 365 Bloor Street East, Toronto, Ontario, M4W 3L4. Its the Cinderella stock of the century, has become his favorite phrase. Author Alfred Lenarciak discusses his fictional . Is Michael de Guzman dead or alive? Hes not in this just for the money, he says, but for the excitement. In fact, no one has flown in by helicopter since the same year Bre-X exploration manager Michael de Guzman fell out of one in 1997. com roteiro de Michael De Guzman baseado nos personagens do livro Tubaro, . Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc. A welcome email is on its way. Chubby little Mike de Guzman, the womanizing polygamist. In the days that followed, Lilis de Guzman whom hed married a year earlier saw photographs of the corpse and was convinced it was her husband. In March 1997, Indonesian police ruled de Guzmans death a suicide, even though his body wasnt recovered for days and had decomposed beyond recognition. She told a reporter from Malaysia's The Straits Times that the money arrived from a Citibank branch in Brazil. Internal organs in the chest and abdomen were gone. prospect, Ponzi conviction vital to Canadas fight against white-collar crime, Matthew McConaughey to star in Hollywood film based on Bre-X scandal, Gold: The movie about the Bre-X mining scandal that isnt about Bre-X, director Stephen Gaghan and star Matthew McConaughey turned Calgarys Bre-X scandal into a fable about the American west, Unlimited online access to articles from across Canada with one account, Get exclusive access to the Calgary Herald ePaper, an electronic replica of the print edition that you can share, download and comment on, Enjoy insights and behind-the-scenes analysis from our award-winning journalists, Support local journalists and the next generation of journalists, Daily puzzles including the New York Times Crossword, Access articles from across Canada with one account, Share your thoughts and join the conversation in the comments, Get email updates from your favourite authors. But Thompson is hanging on to the rest and is advising his clients to do the same. After conducting several interviews, reviewing police reports, photographs and examining the autopsy, Mountie Perry Kuzma endorsed the Indonesian findings. Onel de Guzman, 24-year-old computer-knowledgeable Filipino, admits to creating computer viruses but claims uncertainty as to whether 'Love Bug' virus that plagued computers globally is one he. This is the real-life story and scandal of Bre-X. Ian was sent to work farther away, in an area known as Busang II. Reported sightings still trickle in to the Calgary trustee handling the Bre-X bankruptcy, while his rumoured hiding places include everywhere from Malta to Brazil. The vehicle also gathered 25 parking tickets, including one for blocking a crosswalk in Queens and another for violating a no standing except authorized vehicles ordinance in Brooklyn.