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Gold/Mining/Energy : Donner Minerals (DML.V) -- Ignore unavailable to you. Want to Upgrade?


To: hedger who wrote (9066)11/12/1998 1:34:00 PM
From: John Paquet  Respond to of 11676
 
Hey hedger;

Of cuz he's right. Mr. John Paquet...

I want you to read a book "FLEECING THE LAME: The inside story of the Vancouver Stock Exchange by David Cruise & Alison Griffiths 1987 Douglas & McIntyre LTd. 276p.""

In their very page it says:

1. "if you have a faint heart or slow wits, steer clear of the Vancouver exchange. It is that simple." Forrbs, April 27, 1981

2. "SHORTLY AFTER THE VANCOUVER EXCHANGE (VSE) OPENED ITS DOOR IN AUGUST 1907, C.D. RAND, THE FIRST PRESIDENT, RECEIVED THREE SAMLL, INDIVIDUALLY WRAPPED PARCELS. THE FIRST CONTAINED A BULL, THE SECOND A BEAR AND THE THIRD A LAMB-SHORN TO THE QUICK. RAND PRETENDED TO BE PUZZLED, JOKING THAT HE UNDERSTOOD LAMBS TO GAMBOL ON THE GREEN AND BROKERS MORE OFTEN ON THE RED AND BLACK. BUT RAND, A HARD-NOSED TRADER WHO HAD PREVIOUSLY WORKED ON THE NEW YORK STOCK EXCHANGE, WELL UNDERSTOOD THE SIGNIFICANCE OF THE THREE FIGURES. THE BULL REFERS TO A RISING MARKET, THE BEAR TO A PLUNGING ONE AND THE LAMB TO THE HAPLESS INVESTOR WHO GETS FLEECED WHAT EVER DIRECTION THE MARKET IS TAKING. WHOEVER SENT THE PARCELS KNEW THAT IN ORDER TO PROFIT, THE VSE WOULD NEED A STEADY SUPPLY OF LAMBS WILLING TO BE SHOREN AND SHORN AGAIN. WHAT THE ANONYMOUS DONOR COULDN'T HAVE FORSEEN WAS THE FINE ART THE VSE WAS TO MAKE OF THE SHEARING.

Here you go; hedger!!!!!

John Paquet