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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: Factfinder who wrote (164)6/8/1998 9:05:00 PM
From: Adrian du Plessis  Respond to of 314
 
What I was saying was that it may be expected that the company would answer some of the serious questions that surround it. There's no accounting for what may pass through the mind of some stock exchange officials, but do you find the words put out by YBM today are clear and detailed enough to enable you or any other member of the public to make an informed investment decision?



To: Factfinder who wrote (164)6/8/1998 10:01:00 PM
From: Adrian du Plessis  Read Replies (1) | Respond to of 314
 
Factfinder (and anyone else still here! Richard Lam - where'd you go?!) - it'd still be interesting to learn what people make of these statements and whether or not they represent full, true and plain disclosure.

If you're asking about the mechanics of the trading status, I believe the previous OSC and TSE notices are posted on this thread. This represents the statement of unidentified company directors, with qualifiers attached, as to the results of an investigation of undisclosed scope. The TSE is looking for audited financial statements in an acceptable form before it will lift the suspension, and the OSC is still looking for those matters raised in its May 13, and subsequent, notice to be addressed before it will lift the cease trade order. The trading, naturally, is linked to both of these circumstances.

And there is still the ongoing investigation by agents for the FBI, IRS, U.S. Naturalization and Immigration Service and U.S. State Department that may impact upon the public interest aspects of regulatory action by the Canadian agencies.

Hope this helps. Now, what do the words published by YBM today say to you?