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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)

MDMN 0.0001000

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Nov 28 9:30 AM EST

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To: J. Nelson who wrote (19166)	9/27/1999 9:39:00 AM
From: bully	Read Replies (1) of 25548

Vancouver Stock Exchange - Post says VSE's Broker Brown calls OTC the most crooked market in the world Vancouver Stock Exchange VSE Shares issued 0 1899-12-30 close $0 Friday Sep 24 1999 Also B.C. Securities Commission (BCSEC) The Financial Post reports in its Friday edition that as the United States Securities and Exchange Commission broadens its crackdown on microcap stock frauds to include Canadian brokers, Canaccord Capital of Vancouver has come down hard on its own brokers handling these over-the-counter Bulletin Board stocks. (See Stockwatch Streetwires dated Sept. 21, Aug. 26, Aug. 12 and July 9, amongst others.) Reporter John Schreiner says that in an internal memo, Canaccord chairman Peter Brown disclosed that his firm has fired one broker and suspended another for ignoring the firm's tough three-year-old rules on handling stocks on the OTC Bulletin Board market. (See Stockwatch Streetwire of Sept. 22.) Mr. Brown says that Canaccord really believes the bulletin board market is fundamentally the most crooked market in the world. He says that Canaccord does not like the market and it does not like dealing in the market, period. Mr. Brown says that Michael Johnson, the president of the Vancouver Stock Exchange, recently warned member brokers to expect to see other Vancouver brokerages named in future SEC actions. Mr. Johnson was not available for comment. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

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