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Gold/Mining/Energy : SOUTHERNERA (t.SUF) -- Ignore unavailable to you. Want to Upgrade?


To: buylowsellhigh who wrote (473)11/6/1997 3:14:00 PM
From: VAUGHN  Read Replies (1) | Respond to of 7235
 
Hello BLSH

I am affraid I am not as familiar with warrants as you appear to be, but your old bpys comment leaves a lot of room for anecdotes.

I noted on CBC National Business News last night Veronica Hirch talking about being slapped with a $140,000 fine for using a girl friends address in BC to secure shares in Oliver Gold.

It makes you wonder when so many of the houses manipulate stock prices, and junior managment short their own shares. No regulator steps in and says this is not acceptable and market manipulation. There is, in my mind, a strong need for government and not industry to regulate Canadian exchanges and practices from the TSE on down.

When you see shares jump two days to hours before a NR shows up on the wires the authorities should step in and confiscate those trades as illegal in my view. It is blatently illegal, unfair and imoral. This is not a third world country yet the markets seem to be the last bastions of legal scamming.

It make you sick.

Regards