You are on the money midnight. Traders believed what was being...

You are on the money midnight.
Traders believed what was being fed them and should the find have been genuine, the chart would have been similar.

The big drop was due to a 10 for 1 split I believe and not due to exposure of the scam.

"The fraud began to unravel rapidly on March 19, 1997, when Filipino Bre-X geologist Michael de Guzman reportedly committed suicide by jumping from a helicopter in Busang, Indonesia.'-(wiki quote) so the price was falling before this,even taking the split into account.

There are example in other commodities of bot scams and genuine finds: the chart patterns are similar until exposure.What the charts show is human (this may include some traders) behaviour.

Having written the above, I believe that we are dealing with the real McCoy based on the evidence that is at hand.The downrampers have no rational basis for their criticism other than this discovery is out of the ordinary.This was the basis for the publication in the Australian- again not logical-just superstition.

We shall probably see a similar share trajectory for BBX when the events you have mentioned come to fruition.