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Gold/Mining/Energy : CMYN

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To: trader who wrote (521)4/1/1998 10:41:00 AM
From: T.Bill  Read Replies (1) of 811
 
From the March 2nd news release:

"In addition, the Company has retained the firm of Coopers & Lybrand to investigate all the trading activities in Casmyn's common shares, with the view of identifying any trading irregularities and/or market manipulation that may have occurred."

Presumably, illegal shorting was necessary to set off the death spiral. I'd like to have an update (or conclusion) from the investigation. But would proof of this even help the common shareholder? Perhaps if CMYN sued certain parties and was awarded large cash settlements which would then add to the company's assets.

Are there any other positive spins that we can hope for?

T.Bill.s.piling.up/
moneysflusheddownthecmyntoilet
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