RE: e-mail from BCSC on THT/EGX:"Per an e-mail I just received from the British Columbia Securities
Commissino: Agency policy does not permit me to disclose whether
an investigation is underway against THT and EGX in the matter of
the transaction involving 5.72M shares of EGX stock, however I can
acknowledge that the complaint has been filed and that the information
has been passed along to the Continuous Disclosure Group of the
Corporate Finance Division and to the Manager, Compliance Group.
anyone else heard anything recently on their complaints??
Cheers.
MEpatriot "
Patriot, Great! Thanks for your update!
Here's what I have received so far:
From: OSC Ontario Securities Commission DEC 16 2003
"Thank you for your complaint to the Ontario Securities Commission
("OSC") concerning the acquisition of shares in Eurasia Gold Corp.
by Compagnie Internationale de Developpement Minier, a wholly owned
subsidiary of Thistle Mining Inc. A review of your matter has been
conducted by OSC staff and I welcome this opportunity to reply.
For shares of businesses such as Eurasia Gold Corp., which trade on
the TSX Ventures Exchange, Market Regulation Services Inc. ("RS")
(at: www.regulationservices.com), a self-regulatory organization
("SRO") which acts as a regulation services provider on behalf of
the TSX, has responsibility for monitoring trading activity.
If inappropriate trading is identified by RS, the matter will be
brought to the attention of appropriate regulators. RS may be
contacted at 416-646-7200 or through its website, should you wish to
inquire of them directly as to the detection of inappropriate
trading activity. However, to expedite your concern, a copy of your
e-mail and this reply have been forwarded to RS on your behalf.
Please be aware however, neither RS nor the TSX may disclose the
existence of an investigation until it becomes a matter in the
public domain, so, you may hear nothing further in this regard. "
From: RS Market Regulation Services Inc. DEC 17 2003
"We are in receipt of your email regarding Eurasia Gold Corp. and
Thistle Mining Inc. which was forwarded to our attention for review
and response by the Ontario Securities Commission.
Please note that staff at Market Regulation Services Inc. ("RS")
routinely monitor trading and review all instances of unusual
trading. As such, I have forwarded this information to a trading
analyst for further review to determine whether this matter
constitutes a violation of our trading rules. As indicated in the
response you received from the Ontario Securities Commission, we are
unable to comment on or disclose any information about any matter
being reviewed, and as such, you will hear nothing further from us
in this regard.
RS exists to develop, administer, surveil and enforce trading rules
through the Universal Market Integrity Rules ("UMIR"), in the
Canadian securities market. You may find out more about UMIR by
clicking on this link:
https://www.rs.ca/en/mktpol/umir.asp?printVersion=no&loc1=mktPol&loc2=umir
or by visiting our website at https://www.rs.ca, then
selecting "Market Policy" from the menu options at the top. "UMIR"
is the first link shown in the first paragraph."
From: BCSC British Columbia Securities Commission JAN 09 2003
"Thank you for your electronic message dated January 7, 2004. We will
consider the information you have brought to our attention in the
matter of Eurasia Gold Corp. and Thistle Mining Inc.
Staff of the BCSC do investigate complaints for the purpose of
enforcing compliance with the securities legislation and to sanction
market misconduct. That being said, not all complaints will result
in an investigation or public sanction. When appropriate, we may
also refer complaints to other regulatory jurisdictions or self-
regulatory bodies.
It is our policy that staff do not provide public comment as to the
existence, status or nature of an investigation being conducted by
staff until the matter becomes one of public record. While this
practice may seem frustrating to some, especially those who have
submitted a formal complaint, the purpose of this practice is to
protect the integrity of an investigation, to ensure that the
complaint process is not used to affect the market and to ensure
fairness for those who are the subject of an investigation, but
against whom enforcement proceedings may never be taken.
Again, we appreciate your taking the time to bring your concerns to
our attention. "
All the Best! /W
