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Gold/Mining/Energy : YBM Magnex Intl Sees Revenue Growth 30-35%/Yr In MagnetOp

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To: Adrian du Plessis who wrote (107)5/18/1998 5:52:00 PM
From: Mr. Forthright  Read Replies (1) of 314
 
<<You've hit upon a key question - are these industry players inadequate or negligent in their due diligence procedures? or do they just not tell the public what they find if it doesn't suit their cheerleading roles?>>

As you know the answer is: competition, favours, lack of controls. The competitiveness in the mutual fund industry is such that mistakes are likely to happen as they have been happening lately. My guess? Some real s..t will happen one day. That will bring some much needed changes to the industry. Until then some guys will keep cutting corners.
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