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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.
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To: Jim Bishop who wrote (11002)10/5/1999 12:20:00 PM
From: Mr Metals  Read Replies (1) of 150070
 
B.C. Securities Commission -
Van Sun says BCSC claims Calf, Erickson duped gold investors
B.C. Securities Commission BCSEC
Shares issued 0 1899-12-30 close $0
Tuesday Oct 5 1999

The Vancouver Sun reports in its Tuesday edition that two Fraser Valley men duped investors by enticing them to invest in a company that claimed to have a revolutionary method for extracting gold from waste ore, according to a finding of a British Columbia Securities Commission hearing panel. Reporter David Baines says the panel found that Maurice Calf of Langley and Kenneth Erickson of Abbotsford committed numerous securities violations in their promotion and sale of investments in EVC Resources, a private company that they promised to take public, but never did. In a 39-page decision, the panel said that Mr. Erickson was the sole shareholder of James Metallurgical Services, located in Abbotsford. He claimed to be a professional engineer with experience in mining and refining, but he was not registered in B.C. On July 22, 1997, undercover Royal Canadian Mounted Police investigators posing as investors went to the plant where Mr. Erickson showed them a number of 45-gallon barrels of ore that he said contained 15 ounces of gold each. Within an hour, the RCMP executed search warrants on the premises.

(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

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