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Gold/Mining/Energy : Donner Minerals (DML.V) -- Ignore unavailable to you. Want to Upgrade?

To: VAUGHN who wrote (2985)	1/16/1998 2:59:00 PM
From: Kent C.	Read Replies (1) \| Respond to of 11676

B.C. Securities Commission Clarifies Regulation Of Offshore Securities Sales & Introduces A Shorter Hold Period System For the full article follow this link: Message 3188419 Cheers, Kent@investor1.com

To: VAUGHN who wrote (2985)	1/16/1998 3:07:00 PM
From: Buckey	Respond to of 11676

Vaughn, I have had those same thoughts But I do not beleive tham any more for one second. 1. A CC client could sell when CC recomends buy. Look at today. But it happens time and time again. If it was a trade here and there but when it is a dump and wipes out bids driving the price down with the market sell order. I just cannot buy it. period. It is a house sell order. It is market order which takes the price down. They did exactly the same thing on DML today when it was rallying earlier. 2. I do not read the West coast newspapers. I think Kent pointed it out to me once, but who gets charged and when. Laws are in place with penalties. The penalties and the liklihood of prosecution are the risk. When noone is prosecuted ( or few) and few are investigated and even fewer are penalized then what deterrant is there to this activity. It happens every day. Different targets every day and CC and Whoreton are making a ton of money I agree that they help to create the market by funding these companies on start up. Of course they do as it gives them another potential money maker. I have no confidence in the ability or the inclination of the authorities in BC to do anything about this other than the cursory lip service. I would like to know how many short selling violations were prosecuted on the VSE and ASE last year?? anyone? How many other stock manipulation convictions? I am guessing goose eggs or close on those questions. It is lawlessness.

To: VAUGHN who wrote (2985)	1/16/1998 3:15:00 PM
From: Ed Pakstas	Read Replies (2) \| Respond to of 11676

Vaughn, I agree that there has to be "in house" trading activity, but when a particular house puts out a buy recommendation, it would be nice see that the follow up of buy orders is outweighed by sell orders... What really ticks me off is that a lot of these juniors grant themselves options by the hundreds of thousands of shares...they then go to a brokerage firm (or they prearrange with the same) and sell them on the story...Brokers love it when they have hundreds and thousands of shares on the books...They then open accounts, get the firms to issue buy recommendations and short into the buying... The short position is covered when the option stock gets delivered... Let's say the option grant is .20...The brokerage firm puts out a buy recommendation, volume increases and so does the price...Firm starts to short the stock at .22 and up... House position starts to go into the negative bigtime...Everybody starts to yell and hype that the house is in a major short position...More buying comes in...Stock goes up further...End of the month the House Positions show XYZ firm in the negative bigtime...Buying dry's up... stock price falls down...Do you see XYZ buying back their bid negative position???...NO...They're already covered... XYZ House makes commission dollars...Insiders make the spread... Company gets money into the treasury... Shareholders loose... On to the next hot tip... ...ed

To: VAUGHN who wrote (2985)	1/18/1998 5:03:00 PM
From: Buckey	Read Replies (2) \| Respond to of 11676

Vaughn; I found this over on Stockhouse which is a summaary of a recent conviction. I guess it is not total lawlessness. However, as I have stated in my opinion only because I cannot substantiate the claims, CC and Yorkton in particular daily conduct trading in illegal and certainly unethical ways. Message 3199171 I gave further thought to the "conflict of interest" thoughts. If trading houses are in the business of buying and selling securities for their clients, should they be allowe to trade at all with house accounts?? food for thought. If so then why not have fuller disclosure as I have posted before on each and every trade. A trade should indicate if it is a client or a house transaction. I also beleive that short and insider sales should be indicated at the time of the transaction. The brokerage houses have access to more information than we do and this is in complete contradiction to the priciples of the market. A massive short selling in a given week by a particular group is information that could affect the price of the stock and should be fully disclosed immediately by those selling. The law and the regulations are very gray here. Anyway, That is my blurb for the weekend. Looking forward toanother solid week