Uri advises on mineral detection

10th April 1997

Evening Standard (London)

THE hocus pocus surrounding the Indonesian Bre-X gold fiasco is far from over. Psychic and spoonbender Uri Geller says he would like to get involved.
The Israeli-born 51-year-old runs his own consultancy business helping mining firms who are having problems finding gold deposits. Instead of using more conventional methods, Uri practices through a technique called aerial dowsing.
By being flown over possible gold sites with his hands stretched out of the plane door, he can tell whether there is anything worth investigating below through “magnetic sensations” on his palms and fingertips.
Uri says he would have insisted on doing things differently had he been approached by Bre-X. He always recommends that more conventional methods are used to confirm his judgment: “When a find of this nature is announced, it is always best to go to a second or third opinion to validate it.”
According to Uri, had this happened at the Busang sites in Borneo, Bre-X could have avoided its subsequent share price collapse on the Toronto Stock Exchange.