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Gold/Mining/Energy : Golden Raven Resources Ltd (GVN)

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To: Seattle Ken who wrote (2435)7/24/1997 3:01:00 PM
From: Newman   of 3155
 
Seattle Ken,

Thanks for the reference.

I agree that it does not look good. I called Frank today and got a message. I will keep trying because I want to hear his side of the story. I also called up the president of one of the companies that Frank had recommended and had subsequently tanked. I discussed the implications that Marchment & McKay Ltd. may have shorted or blown out some inventory to drive his company's stock down. He was not happy. I faxed him a copy of the Globe article and suggested that his company may have been victimized like PSG followers.

There are some very serious implications here. Frank & Marchment may be out of the scam business shortly. Now he wants to start what he calls "Blue Chipper." It appears he thinks that he can round up suckers to buy Marchment's large cap dogs. Let's hope the O.S.C. shuts these guys down promptly.

Newman
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