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Gold/Mining/Energy : MIRANDOR-MIQ ON MONTREAL -- Ignore unavailable to you. Want to Upgrade?

To: joseph schevenels who wrote (1912)	5/18/1998 4:14:00 PM
From: Bob Tate	Read Replies (1) \| Respond to of 2635

Mining Journal Reports: Culprits behind gold's fall The blame for last year's collapse in the gold price has been placed firmly on the tripod of producer hedging, short-selling by investment funds and central bank sales. According to Gold 1998, the authoritative annual review of the gold market released this week by Gold Fields Mineral Services (GFMS), the supply from these three sources almost doubled in 1997, to 1,179 t. The additional gold contributed to record total supply of 4,254 t, but more importantly resulted in a 21% leap in supply compared with 1996, the biggest increase in both absolute and relative terms for at least a decade. Mine supply rose by a modest 4.5% to 2,464 t.

To: joseph schevenels who wrote (1912)	5/18/1998 4:47:00 PM
From: Sawdusty	Read Replies (1) \| Respond to of 2635

Very long message. Hi Joe. You wrote: "he is the one saying that stockprices can not be manipulated etc.!" I have no first hand knowledge of him making that statement but I believe that this is the second time I have read it. If in fact he made that comment, at best it would be considered a very naive statement. Your note interested me and I decided to have a look at that company and Mr David. From Stockwatch, a search by name shows that a Michel David has quite extensive experience: David Michel Achates Resources Ltd Barexor Minerals Inc Consolidated Golden Lion Resources Ltd Consolidated Shoshoni Gold Inc Crisan Resources Ltd Exploration Brex Inc Exploration Mirandor Inc GIMINEX Goldstack Resources Ltd Knomex Resources Inc LABONTE & CO Link Mineral Ventures Ltd Maymac Petroleum Corp Mimiska Inc Monk Gold & Resources Ltd Ressources Ojibway Ltee Sphinx Inc Societe Miniere Velvet Exploration Co Ltd -------------------------------------------------------------------- As far as the company in question is concerned, the relationship was: Barexor Minerals Inc became a director of Co 8706 was disclosed as a shareholder of Co 9307 was disclosed as holding an option on shares of Co 9602 was disclosed as holding an option on shares of Co 9611 became a former director of Co 9706 --------------------------------------------------------------------- At one time he appeared to run the show: MINERAIS BAREXOR INC. PRESS RELEASE Val-d'Or, November 26, 1996 Barexor Minerals Inc. (BXR-ME) announces today that Mr. Michel David has been named chairman of the board of the corporation. On October 22, 1996, Mr. Pieter Duhaime was named president, chief-executive officer and secretary and will be responsible for the daily activities of the corporation. Contrary to erroneous publications, Mr. Michel David remains active in the affairs of the corporation and will be involved in all of the company's future activities. As well, there are no changes contemplated to the board of directors at this time. On October 22, 1996, there was no person named to the position of chairman, which position has been vacant until today's nomination. -------------------------------------------------------------------- When checking the Montreal exchange it appeared that the company is no longer listed, although it appears to have happened after he left. I did not spend much time at their site and perhaps I am mistaken, but when I did a search, the name did not appear. From Barexor's web site: OVERVIEW Barexor Minerals Inc. is a Canadian mining and exploration company listed on the Montreal Exchange, exploring and developing projects in Canada and the south-west United States. The Company will shortly be starting the pre-production phase at its 51% joint venture Crescent Valley Placer Mine located within the Pipeline Gold Trend in northern Nevada. Mine pre-production will continue into next year with full production anticipated for the latter part of the first quarter of 1997. Barexor Minerals will begin its 1997 exploration activities on the 153 claim Bru-Lovie Property, with revenues generated at the Crescent Valley Mine. The property is located within the Pipeline Gold Trend, approximately 2 km north of the new Amax Gold discovery (over 1 million ounces). The Corporation continues to examine new acquisitions in this very active emerging gold area of Nevada. MANAGEMENT The Company is directed and managed by an experienced team of professionals. Mr. Charles Belanger as been nominated President, Secretary and Treasurer on June 25th, 1997. He is a professional engineer and has worked as a consulting engineer for many companies. He has considerable experience in supervision of the development and exploration work. He also has knowledge in environmental aspects. Mr. Henri Lavoie is Vice-President since 1983 for Minerais Barexor Inc. Since 1992, Henri Lavoie is a businessman. From 1984 to 1992, he was President of Minerais Chabela Inc., a mining exploration company. Mr. James Wood, Vice-President Corporate Development United States, has considerable experience in the financing and development of exploration companies and is responsible for our financing arrangements for projects in the United States. Mr. Michel L. Cote will act as Chairman of the Board starting June 25th, 1997. Since April 1990, Mr. Cote is President of Alpha Capital Inc. (brokerage firm). From 1988 to 1990, he was Vice-President of Midland Doherty Ltd (brokerage firm). Michel David will be stepping down as Chairman of the Board of the corporation, April 8th, 1997. Mr. Gaston Godin is a Director for Minerais Barexor Inc. since 1990. Since August 1982, Mr. Godin is working at Worker's Compensation Board of Ontario as a counseller than as a manager. Mr.Denis St-Hilaire is also a Director. He is a business consultant to different companies for over five years. CORPORATE OBJECTIVE The Corporation is committed to creating long term shareholder's value with a combination of aggressive exploration, acquisition and development of base and precious metal projects world wide. Our immediate goal is to become a revenue generating mining company with the commencement of gold production from the Crescent Valley Mine. Management feels that we are attaining our objective with our Nevada projects and foresees future successes in the United States, Canada and internationally. --------------------------------------------------------------------- The last news release that I found was: CORPORATE PROFILE On March 6, 1997, the transactions on the stock were suspended at the request of the Montreal Exchange. The Montreal Exchange asked the Company to prepare a new business plan following the non-performance of our partners in the start-up of the operations at the Crescent Valley mine. The business plan was provided to the Exchange on May 16, 1997. Then, the Montreal Exchange asked for an evaluation report which we presented on July 11, 1997. During the first week of August, we received a letter from the Montreal Exchange informing us that the documents had been accepted. We also have to meet a minimum standard for the shares of the Company to be re-instated for trading on the Montreal Exchange.We will advise you on the future developments of this matter as soon as we have more information. --------------------------------------------------------------------- I think one would have to do more research to get all of the details, something I am not inclined to do at this time. The above however is all available on the web: Much of the info (with the exception of Stockwatch data) was taken from: lino.com Back to the comment of "stock prices cannot be manipulated", I invite everyone interested in stock manipulation to visit the following site: imagen.net Mostly on the western markets but there is very current info on a TSE listed stock that was halted last week. Regards, Dan

To: joseph schevenels who wrote (1912)	5/18/1998 6:42:00 PM
From: jocko	Read Replies (2) \| Respond to of 2635

Hi Joe..... FWIW: The stuff regarding MD etc is old hat and was hashed on this and other sites a year or so ago:-)