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Gold/Mining/Energy : St. Jude Resources......V.SJD -- Ignore unavailable to you. Want to Upgrade?

To: Danny Deadlock who wrote (2903)	7/1/2000 4:02:07 PM
From: russwinter	Respond to of 3065

Welcome aboard! I've heard of you through Campbell Smyth, who of course writes a column in the Expo for you. Testing your end, did you receive my share count? Sent it through your "feedback e mail" rather than the e mail you mentioned here. Also read through the Stockhouse comments. More POed shareholders. They are adding up. I thought this information there was useful: To file a complaint against SJD: Manager of Investigation c/o Canadian Venture Exchange 10th Floor, 300-5th Ave SW Calgary, Alberta T2P 3C4 Attention: Jim Hurkett The basis of complaint is pretty straightforward: Management has not conducted it's proper fiduciary responsibility in that it has neglected the stock price to the point that it sells at a huge discount to cash in the treasury. Then management engages in the self serving strategy of issuing stock options to itself and a private placement (to undisclosed parties)at a 45% discount to cash in the treasury (35 cents)thereby causing excessive dilution to the remaining shareholders. Upon receiving shareholder complaints and in an attempt to allay those holders, management alters it's proposal to 45 cents (a 30% discount to treasury cash). Shareholder interests are not served by any offering conducted at under cash value of the treasury. Note: If anything, open market shares should be bought by the company, NOT SOLD. rdww's post 2885 regarding CDVX regulations on management compensation should also be addressed in shareholder letters to the exchange. My complaint goes in the mail today.