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The Money Miners Trevor Sykes

The Money Miners By Trevor Sykes

The Money Miners by Trevor Sykes


$28.15
Condition - Very Good
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Summary

This text recaptures the days of the 1969-70 Australian mining share spree. The scandals of Endurance, Tasminex and Queensland mines, and the collapse of the general securities are all traced here. It also tells how and why mining shares rose and fell, explaining the techniques of exploration.

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The Money Miners Summary

The Money Miners: The great Australian mining boom by Trevor Sykes

Until September 1969, Poseidon was a name known only to a handful of investors. Then, in the space of four months, the stock rocketed from 80 cents to $280 a share, and pushed the speculative share market sky-high. All of a sudden, thousands of ordinary Australians who had never seen a mine or even a stock exchange were gambling in the wildest stock market boom the nation has ever seen.Millions of dollars were won and lost in a matter of hours. Sadly, just about everyone lost in the end.So what happened? And why?In The Money Miners, Trevor Sykes writes of how and why mining shares rose and fell so dramatically, and traces the scandals and collapse of many companies - Poseidon, Tasminex, Queensland Mines, Minsec, Patrick Partners and others. Ultimately, this is a story of greed, a story of those who were more interested in mining money rather than minerals.

About Trevor Sykes

Trevor Sykes is one of Australia's leading finance writers, and has reported on nearly every major company and financial institution in the country. He is a former Editor of the Bulletin, Editor-in-Chief of Australian Business and Assistant Editor of the Australian Financial Review. He has written four other books, the latest being The Bold Riders on Australia's corporate collapses of the 1980s.

Table of Contents

Preface to the 1995 editionIntroduction1 Origins2 The Devil's Metal3 Showing Endurance4 The Oil Floats5 Indigestion and Interest Rates6 The Lull7 The Poseidon Adventure8 October: The Fever Starts9 November: Arithmetic Month10 A Wow of a Christmas11 January 1970: Running Wild12 Tasminex: The Last Straw13 The View from the Molonglo14 Decline15 Nabarlek: The Orebody That Shrank16 The Fall of the House of Minsec17 Panic in the Boardrooms18 The Destruction of the Patricks19 After the Ball20 Where Were the Watchdogs?GlossaryIndex

Additional information

CIN1863738444VG
9781863738446
1863738444
The Money Miners: The great Australian mining boom by Trevor Sykes
Used - Very Good
Paperback
Allen & Unwin
19950501
400
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

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