United Keno Hill, UKH, Toronto**** Opportunity Knocks! Message Board

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Gold/Mining/Energy : United Keno Hill, UKH, Toronto**** Opportunity Knocks!

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To: Harry K who wrote (1347)	5/6/2001 1:54:56 AM
From: Harry K	of 1348

CBC 7:30 A.M. NEWS FRIDAY, MAY 4, 2001 1. The Toronto Stock Exchange is shutting down all trading in United Keno Hill Mining stocks. The company has been officially bankrupt for nearly five months now. It’s only asset is a silver mining operation near Elsa but that is being sold off to the highest bidder next week in a court ordered sale. The mine is expected to be sold for about $3 million dollars and that money will be used to pay off lawyers and creditors, but speculators were still trading United Keno Hill stocks right up until yesterday afternoon when the TSE put a stop to that. More than a quarter of a million shares in United Keno traded hands yesterday at an average price of three cents but with 35 million shares issued and a trading ban in place, it looks as though a lot of investors aren’t even going to get their two cents worth.

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