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Gold/Mining/Energy : JAVA GOLD

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To: Bobby Yellin who started this subject9/2/2000 3:13:58 PM
From: robingrayson   of 121
 
FIRST DELTA SECURITIES HUGELY EXAGGERATED GOLD RESERVES AND GRADE
The JVAG Report claims that Scott Waldie of First Delta Securities Inc writing in 'Research Commentary - Speculative Mining Recommendations' published on 11th November 1997 by First Delta Securities exaggerated ELEVEN-FOLD the indicated reserves of Java Gold's Toson Terrace deposit, and exaggerated THREE-FOLD the average grade.

Anyone who made an investment decision based on this information may have a claim against Scott Waldie and First Delta Securities and should seek professional legal advice.

The author and publisher had a duty of care to their customers to take care to get their facts at least approximately correct. In my opinion it is no defence that the newsletter states:

"First Delta Securities Inc is acting as an adviser to International Pursuit Corporation and Java GOld Corporation, has received, and may receive, remuneration for such service."

Robin Grayson
Author of JVAG Report
General Director of Eco-Minex International Co Ltd
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