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Non-Tech : Hall of Shame (naysayers, hypesters, MM henchmen, gasbags) -- Ignore unavailable to you. Want to Upgrade?


To: Adrian du Plessis who wrote (211)5/18/1998 5:41:00 PM
From: Mr Metals  Read Replies (1) | Respond to of 417
 
You're the best:-) Excellent work.

Mr Metals



To: Adrian du Plessis who wrote (211)5/18/1998 5:43:00 PM
From: Mr. Forthright  Read Replies (1) | Respond to of 417
 
Adrian I have to congratulate you for your outstanding work over the last several years. Have you ever thought about doing paid research on behalf of investors and analysts? Although it is clear they could use your help maybe some of them are just not ready for some real due diligence. Why not start a newsletter? I'll finance it.

The mutual business has become so competitive that many fund managers go for the performance at the expense of properly assessing risk. It is my direct experience that the public is totally in the dark when it comes to really understanding the capital markets in Canada. I could tell you horrifying stories over a beer one day.

I was surprised to see your name on SI. Personally, I read and post messages on SI for kicks and I never cease to be amazed at how unsophisticated retail investors can be. Many of them are so convinced they are right about their investments that they attack anybody that doesn't share their views. The whole Internet phenomena is just making things worst, exposing hundreds of thousands of investors to the games of unscrupulous promoters. And from what I can see even the small guys are getting into this dangerous game. I have read posts that clearly contain insider information. When I point out that fact I get several messages where people state that the Internet is great for making that kind of information available to the small guys.

Anyway, that's small stuff compared to the professional work you do.
Keep up the good work. We need more people like you.



To: Adrian du Plessis who wrote (211)5/19/1998 7:52:00 AM
From: Mr Metals  Respond to of 417
 
LOL.

Bre-X Minerals Ltd -

Post says Walsh tells Texas court he believed in Busang gold

Bre-X Minerals Ltd BXMShares issued 2191033301997-05-07 close $0.09Tuesday May 19 1998The Financial Post reports in its Tuesday, May 19, 1998, edition that David Walsh, Bre-X Minerals' CEO and its chief stock promoter, has told a Texas court he shouldn't be held to account for the multi-billion dollar gold swindle because he relied on information provided by "renowned geologist" John Felderhof and other board members. The Post's Sandra Rubin writes that Mr. Walsh, who is alleged to have made about $25-million selling Bre-X shares, is asking to be excused from a U.S. based class action lawsuit on the grounds he genuinely believed the tiny Calgary company was sitting on a massive strike. Mr. Walsh described his job as simply raising the funds necessary for Bre-X to pay its bills. He said Mr. Felderhof managed and supervised the Indonesian properties and provided geological expertise through a team of geologists recruited by him and employed by Bre-X, or its subsidiaries. Paul Yetter, the lawyer leading the Texas suit, said Mr. Walsh is merely joining the game of pass the buck. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

Mr Metals



To: Adrian du Plessis who wrote (211)5/19/1998 7:53:00 AM
From: Mr Metals  Respond to of 417
 
Another LOL.

YBM Magnex International Inc -

Globe says chief, directors unloaded stock

YBM Magnex International Inc YBMShares issued 442229011998-05-13 close $14.35Tuesday May 19 1998The Globe and Mail reports in its Saturday, May 16, 1998, edition that the CEO of YBM Magnex International and five other directors sold more than $2-million worth of shares in the weeks before the company's auditors raised concerns about its finances and operations. The Globe's Karen Howlett and Paul Waldie write that YBM's head office documents have been seized in connection with a criminal investigation by several U.S. agencies, including the FBI. According to documents filed with securities regulators, YBM CEO Jacob Bogatin sold $314,940 (U.S.) worth of shares in late February. The Globe points out that YBM literature says Mr. Bogatin is a former professor at the Saratov State University in Russia. Others who sold shares include James Held, YBM's vice-president of business development, and Daniel Gatti, the CFO. Mr. Held sold $789,399 (Canadian) worth of stock in the first three months of this year, including $300,000 worth of shares on March 17 and 19. Mr. Gatti sold $571,960 worth of stock February 20 and March 24. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

Mr Metals