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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: StocksDATsoar who wrote (131430)	4/20/2004 10:35:20 AM
From: tool dude	Respond to of 150070

85 million shares? geez even this nickle and dime free service shows 750 million here?

To: StocksDATsoar who wrote (131430)	4/20/2004 1:12:22 PM
From: StockDung	Read Replies (2) \| Respond to of 150070

.Former Bre-X Geologist's Trial to Resume in December (Update1) 2004-04-19 17:44 (New York) Former Bre-X Geologist's Trial to Resume in December (Update1) (Adds details on Bre-X fraud beginning in fourth paragraph.) By Joe Schneider April 19 (Bloomberg) -- John Felderhof, the former Bre-X Minerals Ltd. geologist accused of insider trading, will probably go back on trial in December, the Ontario Securities Commission said. The trial is scheduled to resume Dec. 6 and run for two weeks, before continuing in February, the OSC said in an e-mailed statement. The date must by confirmed by Ontario Superior Court Judge Peter Hryn at a May 17 hearing. The OSC has said Felderhof, the former vice chairman of Bre- X, misled investors and traded on information to which he was privy as a company insider in what became one of Canada's most sensational bankruptcies. Shares of Calgary-based Bre-X plummeted in early 1997, erasing a market value of more than $4 billion, when the company's claims of massive gold reserves in Indonesia proved to be a hoax. Bre-X admitted to adding gold to samples taken from its Busang property, which the company had boasted was the world's biggest gold deposit. A report prepared by private investigators hired by Bre-X put blame for the fraud on Michael de Guzman, a Bre-X geologist who police concluded leapt to his death from a helicopter in March 1997. Felderhof was charged by securities regulators in 1999. The OSC accused Felderhof of selling 2.72 million Bre-X shares between April 24, 1996 and Sept. 10, 1996, for about C$83.9 million ($62.4 million), while having information about the Busang property that had not been publicly disclosed. Frank Marrocco, a lawyer representing the OSC, wasn't immediately available to comment, his secretary said. Cayman Islands Felderhof had moved to the Cayman Islands. Canada doesn't have an extradition treaty with the Caribbean nation and it's not clear whether he remains in the country. Felderhof's lawyer, Joseph Groia, didn't immediately respond to a request for comment left on his answering machine. Felderhof's trial began Nov. 15, 2000, with the former executive pleading not guilty to all charges through his lawyer, the Canadian Broadcasting Corp. reported at the time. Felderhof didn't attend the hearing. The case was delayed in 2001 after the OSC filed to have Hryn removed from the case, saying he denied the prosecution a fair hearing.