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Gold/Mining/Energy : Winspear Resources

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To: Tomato who wrote (3350)	10/8/1997 8:59:00 PM
From: HARLEY II	of 26850

Dear Tomato and all who wrote to the B.C. Securities Commission. National Policy 41 is the policy for public companies which basically lays out how a public company must go about informing their shareholders of their annual general meetings. If one can prove that a company did not follow this policy when calling the AGM, then it is entirely feasible to seek a remedy in the B.C Supreme Court. One likely outcome, if one can show that the meeting was not held according to national policy 41, is that the court can declare the results of the AGM null and void and order a new one to be held. Let me warn you that this type of action can be an extremely costly and time consuming process. On the other hand if the B.C. Securities Commission discovers that the meeting was improperly held then they could probably order a new one. On the bright side, public companies often use incentive options to pay off promoters. With nearly 7 million options to work with the company can probably attract some good promoters to the deal. Today's market activity was quite bullish and the best time to buy a stock is when everybody is totally pissed off with it. So why doesn't everybody bite the bullet and average down. Just don't mortgage the house-again! Gumby_72

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