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Gold/Mining/Energy : Int'l Wayside Gold Mines Ltd (IWA-VSE) -- Ignore unavailable to you. Want to Upgrade?

To: Enigma who wrote (1218)	6/23/2000 11:52:00 AM
From: Elizabeth Andrews	Read Replies (2) \| Respond to of 1321

I agree the halt is ridiculous. No other exchange behaves this way. I think they got the mandate backwards as the function of the exchange is to facilitate orderly trading once all information is disclosed. Surely there's been enough time to get the info and distribute it. If a company's listing is dependant upon good corporate governance, such as impartial board members, and having competent technical people running the program and having standardized reporting protocols, why didn't the exchange insist on this prior to exploration? IWA put out the info about the resource a while back. No one I know believed the project had positive economics. Let's not forget that the financing of all these ventures is between sophisticated partners who are capable of not only their own but third party due diligence. If a fraud occurs they are capable of pressing. To the company's credit, the continued drill program which didn't make a lot of sense based on the widths and grade of the BC vein resulted in an apparently interesting zone of mineralization. If there's a compliance problem then it has already occurred and should be easy to determine who the bad boys are. Isn't this for the Securities Comm or the RCMP to figure out not for the exchange to pass judgement on?