Inmet Mining.$$$$$$$$$$$ Message Board

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Gold/Mining/Energy : Inmet Mining.$$$$$$$$$$$

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To: JUNIORSPECULATOR who started this subject	1/15/2002 10:35:56 PM
From: JUNIORSPECULATOR	Read Replies (1) of 42

: Inmet Mining.$$$$$$$$$$$, started by JUNIORSPECULATOR at Jan 15, 2002 10:32 PM With $1.76 per share in the Treasury this makes the company look even better than I thought... Inmet wins $88.2-million in Troilus litigation Inmet Mining Corp IMN Shares issued 35,661,558 Jan 15 close $3.60 Tue 15 Jan 2002 News Release Also Homestake Canada Inc (HCX) Mr. Richard Ross reports INMET MINING OBTAINS $88 MILLION JUDGEMENT IN TROILUS LITIGATION Inmet Mining has received judgment today in its British Columbia Supreme Court action against Homestake Canada Inc. in connection with the failure of Homestake to complete the purchase of the Troilus mine located in Northern Quebec. The judgment affirms Inmet's position that Homestake wrongfully repudiated its agreement to purchase the Troilus mine in 1997 and awards Inmet damages in lieu of specific performance in the amount of $88.2-million. Inmet understands that the complete judgment will be posted in due course on the Web site of the British Columbia Supreme Court at www.courts.gov.bc.ca. (c) Copyright 2002 Canjex Publishing Ltd. stockwatch.com

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