Monday 4 May 2015

$ 1.2 Billion in Gold resting on the bottom of the Ottawa River ?

Plans to dredge the Ottawa River in search of lost Gold have been in the works since as early as 1996.

Did the Cohen Brothers know something then that the RCMP could not figure out 13 years later in 2009 ???

In 1996 a trio of Ottawa investors attempted to raise $8 million needed to finance their improbable venture. As much as one million ounces of gold worth a potential $1.2 Billion (in today's dollars)  could be mined within sight and sound of the House of Commons.  
Three partners in the bid to dredge the bottom of the Ottawa River adjacent to the the Royal Canadian Mint plan to reprocess tailings from its gold production facilities. Those partners included Pierre Gevry, head of Les Mines JAG Ltee., a Montreal-based exploration company; Jim Ford, a Canadian prospector who learned his trade successfully hunting for gold in Mali, West Africa; and the Cohen brothers, Harold and Al, who own the capital city's best-known demolition firm. … 

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