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Gold/Mining/Energy : CYH.Ase
CYH 3.460-0.4%Nov 26 3:59 PM EST

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To: George Mammone who wrote ()1/6/1998 5:35:00 PM
From: Benjamin Ng  Read Replies (1) of 80
 
I finally bailed out. After trying to contact the company for weeks, it seems nobody is at the company at all. Nobody at reception, and Ken Digweed has transferred all calls to voice mail (which appear to be ignored anyway). Anyone able to get ahold of anybody at the company? Sheila Cousineau's extension is "no longer in service".

I've found that the company owes many of its creditors lots of money, including TELUS (which has tried to contact the company many times to clear the problem, but to no avail). Their web site has gone down due to non-payment to the ISP. Their accounts payable department is absent.

I bought in pre-consolidation (5-to-1) at 0.33, so it's equivalent to a current common share at 1.65, but I've sold at an average of 0.087 after commissions. What's that... 5%? Net $104 for 1200 shares off my back. Had an odd-lot in there (200) due to having 6000 shares prior to reverse-split, so that essentially yielded me nil.

Anybody else holding on to this sinker? I think this one is a goner... I hate to say it, and I definitely should have seen it earlier.

Ben
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