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Gold/Mining/Energy : Rubberman's picks for the second half of 1998

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To: The Fix who wrote (285)11/5/1998 12:41:00 PM
From: Mr Metals  Read Replies (1) of 405
 
Alberta Stock Exchange -
Post says promoters want VSE to merge with ASE
Alberta Stock Exchange ASE
Shares issued 0 1899-12-30 close $0
Thursday Nov 5 1998
See Vancouver Stock Exchange (VSE) In the News

The Financial Post reports in a lead business story in its Thursday edition that stock promoters are pressing the Vancouver Stock Exchange to merge with the Alberta Stock Exchange. Reporters John Schreiner and Drew Hasselback say that brokers and junior mining executives are demanding that the VSE relax its squeaky-clean regulatory approach and consider a dramatic restructuring, including a possible merger with the ASE. Haywood Securities president John Tognetti says he thinks the problem with the VSE and with the British Columbia Securities Commission is that they have regulated so hard, they have gone beyond the call of duty. He says they have thrown out the baby with the bathwater. One broker, who demanded anonymity, says the rules and regulations put in to get rid of the bad people have buried the good people. ASE president Thomas Cumming says he is not interested in a merger with the VSE.

(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

MM
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