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Gold/Mining/Energy : YBM Magnex Intl Sees Revenue Growth 30-35%/Yr In MagnetOp -- Ignore unavailable to you. Want to Upgrade?

To: Adrian du Plessis who wrote (149)6/2/1998 7:31:00 AM
From: saif  Read Replies (1) | Respond to of 314
 
YBM was producing magnets from SCRAP magnets ! ! ! ! !

The market leader ! ! ! was using scrap ! ! ! Strange ! ! !

It seems that was a way to create smoke for auditors' eyes ! ! !

If you sell magnets, you need raw materials, and it seems that they did not need much, maybe somebody was being paid for the scraps that he did not even supply. Another possible way to make money from
a public company that will be scraped.

Omer


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