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Technology Stocks : Xenolix Technologies (XTCI) 'Ecstasy'(Formerly MGAU)
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To: Claude Cormier who wrote (2623)2/5/1999 5:10:00 AM
From: Karl Zetmeir  Read Replies (1) of 5143
 
Recently, the Canadian Exchanges issued guidelines regarding new "safety checks" proposed by the Canadian Exchanges to assure another Bre-X fiasco doesn't happen.

Message 7614152

I read it closely to see if they were going to require the disclosure of labs doing the assays. That point wasn't there ... just some type of ombudsman (QP) who was supposed to look over the NR for accuracy at a certain level and accreditation standards for the labs involved.

I asked a friend last night how difficult they thought it would be to engage 10-15 people in an illegal complicity ... scam if you will. I guess I'm naive ... like my friend, I couldn't come up with more than one or two and very unlikely that! Not saying it doesn't happen ... especially when there is a LOT of moolah at stake ... just that the larger the group of people exposed to the situation ... the larger the probability of major leakage of the scam.

I'd think we would begin to hear from someone close to MG ... someone with factual inside knowledge ... what a scam this is by now if it were going to come out. This ain't exactly the jungles of BFE ... this has freeway access and a pay phone closeby.

<<-- also waiting and watching and filtering cheap shots as possible
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