go back further & youll see that he did his apprenticship under 'Toxic' Bob Friedland & was also a director of elkedra diamonds which was stolen by a now shown to be dodgey canadian co just as it got its btazillian diamond mining into production tolls pedigree certainly has a lot of dead ends in it
does this profile of toxic bob sound familiar?
'According to Pratap Chatterjee of CorpWatch, Friedland was dubbed ‘Toxic Bob’ in 1969 when he was busted for trying to peddle 8,000 ‘hits’ of the hallucinogenic drug LSD to an undercover drug agent in Portland, Maine.
He attracts investors with his showmanship, bullish predictions and well-placed friends. Ventures in Oregon were based on what he claimed a Hindu god had told him. Doug Casey says: ‘He builds arguments and tells the story of his deals in such a compelling way that you feel like you have to own the stock.’
He got his start in mining in the mid-1980s when a loan from a relative bought him a joint venture with Rio Tinto Zinc in a gold mine in Nevada. His big break came in 1994 when his claim that Voisey Bay in northern Labrador was ‘the richest nickel, copper and cobalt deposit on the planet Earth’ boosted Ivanhoe shares from $4 to $167 in two years. Today he is saying similar things about Mongolia, despite producing nothing at all while spending millions on public projects to raise his profile with the locals.'
