Cobalt,  Bre-x just happened to be the biggest, by far and away, but not the only.  It is my belief that what various people in industry don't like are the large potential numbers being thrown around, particullarly in a 43-101 report.  I would even venture to guess that in the near future, it may become restricted in a resource calculation.  The majority of the investment public does not even understand the diffrence between a resource and a reserve.  Add to that comments about potential, and you have investors buying into a stock believing that those numbers are something that is real.