A4 - Friday, May 4, 1984 - North Shore News

Strictly personal

by Bob Hunter

Some heavy metal

N THE LATE 1960s, Gordon Briggs was
teaching political science at SFU. On the side,

he started getting
precious metals.

“Pohit a run and did very
well,’’ he recalls. Atter that
he went into mining explora-
tion of new claims and
bought into some good ones.
He moved from there into
tefining techniques.

The idea was to eatract
more gold and silver and
platinum from the ore. Most
mining companies, he says,
are only getting maybe 10 or
20 per cent of the precious
metals in the stuff they bring
out of the ground.

In his” bestselling book,
Bulhon, Briggs describes a

66

the heaviest
players in shadow
world of gold
were South Africa
and the Soviets.’”’

lide of his adventures on the
cutting edge of a technology
that he believes in the tuture
will control the gold market,
and hence ‘‘the real money of
the world.”’

As his skills and reputation
developed, he was approach
ed by larger and larger in

terests wanting to buy
precious metals He found
himself) selling platinum,
gold, silver, palladium and

rhodium to the electronics in
dustry in Japan, tor instance
He also became increasing

_ Make Waves

involved in

trading in

ly aware that the heaviest
players in the shadowy world
of gold sales were a South
African cartel and the Soviet
government

He contends — and no one
else has said this so far as |
kKnow — the reason the Rus-
Slans went into Atghanistan
is because the vein of the

world’s largest gold mune
leads across the Soviet
border. As they began to

wear down the vein, the Rus-
sians decided to go in after
the rest when the political
moment came.

Based on his’ experience

“out there’’ ino the money
capitals of the world — fon-
don, Zurich, New York,

Hong Kong — Brigps recent-
ly came to the conclusion that
the place to be, if one really
wanted to be in a position to
take advantage of the world's

rapidly changing financing
structure is — surprise! —
Vancouver.

With our. resource in-

dustry, we look good to flight
capital wanting to get out of
such places as Hong Kong.
*“*We can supply a service for
brokering all that flight
capttal,”” Briggs says.

At the same time, by ex-
porting our highly-evolved
resource extraction
technology and expertise, we
could ‘lead the world”’ in the
recovery of oil. gas and
precious metals, and that
would give us the financial
clout to lead an international!
economic recovery

o~

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“We're a sate haven
politically,’’ he notes.
“We're stable economically.
We've got riches beyond our
wildest dreams. All we have
to do is crack through the ice
and snow and we've got more
gold than South Atrica, and
more oil, gas and water than
anvone else."

Brigeys asks:

“So how come we're not
using it? AH we need ww the
leadership in this country to

~

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