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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 (254)	8/26/1998 3:47:00 PM
From: Michael Bidder	Respond to of 314

Keep up the posts Adrian. I give you two thumbs up on your work. MB

To: Adrian du Plessis who wrote (254)	8/26/1998 11:40:00 PM
From: Lonnie	Read Replies (2) \| Respond to of 314

"We've got to do something about it," said MacDougall. "It's our shareholders' money, so it's our responsibility to find out as much as we can about what's gone on." Shouldn't they find out what's going on before they invest millions of dollars of their client's money?

To: Adrian du Plessis who wrote (254)	9/10/1998 8:06:00 AM
From: Mr Metals	Respond to of 314

YBM Magnex International Inc - Post says deal between institutional investors and firm collapse YBM Magnex International Inc YBM Shares issued 44,222,901 1998-05-13 close $14.35 Thursday Sep 10 1998 The Financial Post reports in its Thursday, Sept. 10, 1998, edition that attempts at making a deal between powerful institutional investors and YBM Magnex International fell apart yesterday, amid warnings shareholders are looking at installing a monitor or receiver inside the company to prevent any troubling new transactions. The Post's Sandra Rubin writes that shareholders, led by Vancouver based Connor Clark & Lunn Investment Management have notified YBM they'll call a special shareholders meeting to remove the board of directors if YBM doesn't call one by next week. The two sides have tried to work out a friendly arrangement but kept clashing over a number of issues, including how soon a meeting must be held. Shareholder adviser Wesley Voorheis says YBM doesn't want to do a deal because it doesn't want anyone inside, so they can be in control for as long as possible. Mr. Voorheis says institutional investors, who own about 50 per cent, are determined to wrest control and install their own slate of directors when a meeting is finally held. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com