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Gold/Mining/Energy : Sasamat Capital Corp (Formerly Bresea Resources) -- Ignore unavailable to you. Want to Upgrade?

To: laker2000 who wrote (20)	2/25/2006 12:00:18 AM
From: IngotWeTrust	Respond to of 96

Laker, the "supposeds" and the "if it's a holding company" musings, etc., can all be answered by reading their Sedar filing prior to the last meeting they held. It was the usual boring document except for the good stuff. Google Sasamat, and you'll find the filing. Then you won't have to take some "bloggers" word for it. BTW,,, I just fixed the ticker symbol on the front page of this Sasamat thread, so it should be reliable again, IN AMERICAN currency. I can't hit the right Silicon Investor symbol/exchange combo for the Canuck price, Sorry. If it ever changes to something else, all you guys have to do is PM me and I'll go fix it sime I'm the thread originator. I, too, was scared of this lousy outfit selling the Toronto office HQ for BreSea, and absconding with the 30mil in cash at the same time. They didn't do that, to their everlasting credit. The scum at the top when they took over may or may not be the management team there now, I frankly don't remember, and don't care...the scum at the top when they took over was even into raiding unlisted Canuck companies for their cash and then squandering it as in burning it up on the race-track in highspeed cars, etc., and building bridges to nowhere if memory serves. It was BAAAAAAAAAD! Seems someone on the management team took a long hard look at what was coming, i.e., voracious China, and got their sassy s*it together. That's why the above mentioned filing shows the healthy investment in the German cement company, and also enumerates their other holdings. You might want to keep an eye on this bugger. It was at C8.70 before the settlement was approved...pull up a longer term price history chart and you'll see it. I know it doesn't replace the pain and suffering et all of the burned Bre-X/Bro-X/BreSea shareholders. Just my two american cents, but I think you'll feel better about however many shares you ended up with after catching up on your sedar reading that filing with the stock exchange up there. G_T

To: laker2000 who wrote (20)	2/25/2006 7:31:37 AM
From: Bob Fairchild	Read Replies (1) \| Respond to of 96

Yes, I'm from Canada. I get frustrated from time to time with the RRSP rules also. Had a company in the portfolio that was trading on the TSE and considered as Canadian content. The company was taken over by the American parent and could only trade on the NASDAQ. I was out of town for several months and failed to follow the change in events. By the time I found out I realized that the US content of my RRSP was above 30% and I was forced to pay a penalty for each month it was over the accepted limit. The penalty was more than the shares were worth. You get the idea. These settlement shares are fortunately outside of my RRSP and will be deposited into my kids RESP incase they ever become worth much. Bob