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Gold/Mining/Energy : byg -- Ignore unavailable to you. Want to Upgrade?


To: Al Cern who wrote (747)2/5/1999 6:03:00 PM
From: Gramps  Read Replies (2) | Respond to of 769
 
Here here on your last comment.
News last night says the futures market has bottomed out and we should see things improving in 1999.
I see where the committee formed by the TSE to review the BRX fiasco have come up with some plans to monitor things better. It is a joke as far as I am concerned. One of the persons for the TSE stated that they will never be able to stop scams but hope to limit them. Why then have they not actioned my letters to the TSE and to the OSC?

The market system is set up for BRX"s. You have the particular stock exchange, its members are all brokerage houses and members from them sit on the board. How much discipline can you expect when a board member may have to censure its own company. The TSE was 90% responsible for that mess on BRX and should have had to pay the losses for everyone. Instead 2 or 3 brokerage firms got the rap and the rest was placed on the greedy share holders.

Hopefully some action will be taken on TYG and BYG. Indications the process may be taking place are now coming to light. Now it is time to see if the Alberta exchange has the balls to do what should be done.

I say again, for the umteenth time. ORI and AKA are production type properties. Everything they had and have is still in the ground. No debts and reliable management who have a lot of financial reasons to see the companies profitable. When the market place says it is time...watch out. We were over $5.00 several times and can be again.
See how silver is going up. We got tons of that stuff. Patience one and all.