byg Message Board - Msg: 8928931

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Gold/Mining/Energy : byg

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To: Hart who wrote (759)	4/14/1999 10:48:00 PM
From: Gramps	Read Replies (1) of 769

Good questions 1.Non that I know of. Funny how a company can appoint its own receiver. 2.CMEI has an extension on their due diligence for another couple of weeks or so. Doing a very in depth programme from what I hear. 3.Trading is a real mystery. Someone has to be making a take over bid but it has not been announced which is illegal to my knowledge. You must declare intentions to take over a company. They get all the crap too as well as the company. Also...HOW IN GODS NAME CAN A COMPANY TRADE WHEN IN RECEIVERSHIP and which does not meet the minimum requirements for a listed company...ie. cash and cash flow...inwards. 4. To me they are history. Who is going to put up the millions of bucks to pay the debts, fight court cases for debts, pollution and clean up, etc etc. 5.I guess the receiver goes on until BYG cancels it or one is appointed by the government, takes over. 6.Hope is eternal....and very eternal in this case 7 Write to Premier Harris of Ontario and the premier of Alberta and ask them how they can tolerate there stock exchanges operating in the criminal manner that they are. And the pundits have the nerve to criticize the VSE.

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