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Gold/Mining/Energy : GMD RESOURCE -- Ignore unavailable to you. Want to Upgrade?


To: Surething who wrote (530)1/29/1998 9:39:00 PM
From: Mr Metals  Read Replies (1) | Respond to of 1030
 
Things could be worse.

Asean Holdings Inc -

Van Sun says ex-bodyguards hiding
from Saxena

Asean Holdings Inc
AHI
Shares issued
15750552
1998-01-29 close $0.28
Thursday Jan 29 1998
The Vancouver Sun reports in a lead front
page story in its Thursday edition that
witnesses who will testify against financier
Rakesh Saxena, wanted in Thailand for his role
in a sweeping embezzlement scheme, are
under RCMP protection until his bail hearing
on February 9. Reporter Ian Mulgrew says that
in Thailand, repercussions of the scandal that
broke 18 months ago continue to reverberate
as a senior finance ministry official was
reassigned following charges he accepted
kickbacks from the government. Mr Mulgrew
makes no mention of Mr Saxena's role in the
downfall of numerous Thai officials, including
the country's head banker and the government,
more than a year ago. Mr Mulgrew says that
his investigation, confirmed by subsequent
RCMP detective work, revealed that Mr
Saxena tried to obtain a false passport and
allegedly threatened to kill a witness. His
former bodyguards, who are trained killers, are
under protection after alleged threats.
(c) Copyright 1997 Canjex Publishing Ltd.
canada-stockwatch.com

Mr Metals



To: Surething who wrote (530)1/29/1998 9:53:00 PM
From: Rick Seavey  Read Replies (1) | Respond to of 1030
 
Don't bet on it. GMD is down and out for the count. I doubt very seriously that there is any minable gold at Discovery nor are there any diamonds at Royce. If there were, Farrell would'nt have gotten involved with embezzling stockholder's money. He would not have had to. Now we have Mr. Webb as president who was previously a director. A person who must have not only known about the embezzlement but who also very likely voted for it as a director. And this is going to solve all of GMD's problems? The only behind the scenes actions going on right now is the answer to the question: How can we sugarcoat the news to the stockholders that their money is gone forever and make it sound like it isn't? Shortly, as part of this strategy will be rumors of negotiations with a "biggie" coming in with GMD to develop Discovery. Sound familiar?