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CHANCE MEETING IN A PERIOD OF COPPER BOOM AT TIMMINS THE COMAWA TIMES, Peder, Moy 7. 1965 17 Pub Talk Enriches Plumber $100,000 Via Stock-Buy By GORDON GRANT Subsequently, 360,000 of these;"'prospector and mining execu-/South Link Co, Lid, in the| TORONTO (CP) -- A chance|shares were sold back to Mr.|tive,"' but admitted he has Bahamas, beer-parlor meeting led to a|Giardine for $90,000, Of the re-\never staked a claim. y Shortly after its incorporation : £ profit of more than $100,000 for|maining 30,000, Mr, Thorne sold| He said he was in debt "in|Caravan bought 440,000 shares Everybody in OSHAWA will soon be plumber Eric Thorne during|20,000 on the stock market for|the neighborhood of $20,000," injof Glenn Uranium -- another jast year's scramble for stocks|about $13,000 and still has 10,-/February, 1964, but now drawsicompany controlled by Mr. and mining claims amid the!000, he said. la salary of $1,000 a month|Giardine -- from Dynasty In- | copper boom that hit the Tim-| (Shares of Bunker Hill closed'from Dynasty Investments, alvestmente for five cents a mins area of Northern Ontario,|at 25 cents on the stock ex-\company he formed on bor-|share. the Windfall royal commission|change Thursday.) ; |rowed money. Tne description of transac- was told Thursday. MAY CHECK OTHERS | By April, he directed the in-\tions between Mr. Giardine's --| tt nciaencitniide aibaattes te tae 1 And the commission was told! 'The royal commission, inves-\corporation of an investment|Canadian companies and the os Mr. Thorne made the Profit tigating the rise of Windfallicompany in the Bahamas, Car-|Bahamian companies became l/ 4 without risking any of his own|Oils and Mines Lid, stock to|avan Co. Ltd., to "mitigate my|complex, and commission coun- money. 1$5.60 from 56 cents and its de-|tax position." sel Patrick Hartt asked for a Mr, Thorne, of nearby Oak-|cline to 80 cents last July, is) Later in the year, he set upjconcise rundown of business ville, told the commission helajso empowered to check the|another investment company,|deals. pelle og ey on an Oakville activities of other mining com-| = ; el last may and quote r.\panies in the Timmins area, | | Wilford as saying he had four) The frantic property acquisi- CLEAN ¢ SILENT & EFFICIENT Timmins - area mining claims'tion in the Timmins area was | for sale, triggered by a $2,000,000,000 He said he reached an agree-|\copper - silver - zinc discovery ment with Mr. Wilford to pur-jby Texas Gulf Sulphur Co. : i Me wn . . Y chase the claims for $20,000| Mr, Thorne said he cashed pe rani ye Ge and 10,000 shares of stock in ajthe $90,000 cheque he received | company to be named at a'from Mr. Giardine and hid the}. = i y a S- |nioney in his home. Go Modern, . . Call a | VOR APPROACHES GIARDINE Later, he deposited $30,000 in \ in Mr, Thorne then approached two bank accounts, loaned $20,- 723-9363 M ih : j Pat Giardine, president of000 at seven-per-cent interest ie, 24 - -- } : : , Bunker Hill Extension Minesjon a demand note to a friend, or 723-1863 For ge f : f : , Ltd., who agreed to buy the spent $20,000 on a vacation in eet | { claims. from Mr. Thorne forjthe Bahamas, "playing the} ® ene $20,000 and 400,000 shares of horses and gambling," and still : pp SYSTEMS Bunker Hill. has $20,000 hidden in his home With this commitment from| Commissioner Mr, Justice] ° RENTAL TANKS : d SATURDAY, MAY 8, 1965 Mr. Giardine, Mr. Thorne|Arthur Kelly asked Mr. Thorne ' ® iia a Phy closed the deal with Mr, Wil-|why the money was kept at | | ; ford for $20,000 and 10,000 home. 'I didn't know what to | EASY MONTHLY TERMS am shares of Bunker Hill stock, do with that amount of money," Mr. Thorne testified. said Mr. Thorne, "I wasn't in ' He said payment for theja hurry to do anything." y b IMPORTED claims was sent directly from|NEVER STAKED CLAIM Mr. Giardine's lawyers to Mr.. The commission also heard ELECTRIC CONTRACTORS - Wilford. Mr. Thorne collected evidence from Mr, Giardine, 29, 52 Fernhil! Blvd. his 390,000 shares. who described himself as a tig ROSI BUSHI S Rose, poly packed, ready-to-plant Assortment of colors and varieties. 30 ONLY eC 1 SPONGE AVANT! Hi" ops RUGS Sello wedge cut sponge mop Wide selection of colours i heavy pile size: 24" x 36" we comment: Wee. 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