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Gold/Mining/Energy : Fenway Resources Ltd. (FWY@V)

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To: donald sew who wrote (107)8/24/1997 3:48:00 PM
From: Rick McDougall   of 135
 
> Rick,
>
> Here's the article. Not that great with the internet so thanks for your help
>
> Donald
>
> Here is the article I told you about.
> >
> > THE PALAWAN SUN
> > July 15 - 21, 1997
> >
> > THE INSIDE LOOK
> > Redempto D. Anda
> >
> > True Confessions
> > Darn. Some people have found out that I made a lot of money in opposing the
> > Palawan Cement Project. I can see they are doing their homework. They
> > finally discovered that I was being paid a handsome amount by cement
> > manufacturers in Manila who were jealous about the Canadians putting up a
> > plant here.
> > A sleuth told me this recently. On his way to Manila some time ago, he sat
> > beside an associate of the Canadian group Fenway. In the conversation that
> > followed, this man told him the truth about why Palawan Sun has been
> > ranting and raving against the cement project.
> > Now that the truth is out, I might as well be transparent about this whole
> > thing. Allow me to solicit your suggestions: should I order a RAV4 from the
> > Palawan Motors or build a new house by the sea? Actually, a four-wheel is
> > fine by me so that I can retire Loro, my 1976 Galant. But what do you think?
> > All my fortunes did not come from the jealous cement manufacturers. They
> > paid me peanuts.. you bet I made my money somewhere else. When we knew
> > that Fenwav stocks were going to the dogs a couple of months ago, I played
> > the stock market short and cashed in even before H. John Wilson could draw
> > his wallet to pay for my seafood dinner at Kalui. Check out my dollar
> > account at Far East Bank, Puerto Branch and its a pretty sight, Now that the
> > peso has devalued, or is seeking a wider float, or whatever Central Bank
> > would like to call it, the value of my green bucks are much higher, Isn't
> > that great? It was an idea I borrowed from Emilio Reynoso, my associate
> > editor, who got his permanent eye bugs trading at NASDAQ before retiring to
> > Palawan with a sultry girlfriend. Reynoso is actually thinking of putting
> > up a cement plant himself but I'm not joining. Not my cup of tea.
> > Actually, I'm afraid that my principals might demand a refund' by next week
> > if the PCSD decides to approve the project after all. Because in spite of
> > my protestations, I'm afraid I did not deliver the goods. My sources are
> > telling me that in a head-to-head count on the voting that is scheduled on
> > June 25, the PCSD is likely to endorse the project - again, without studying
> > its merits, Darn. It looks like a case of politics being mightier than the
> > pen. Now, I have to dig deeper into my Goebbels bag and chum out more
> > damaging stories to Fenway to pressure the DENR not to issue any
> > environmental clearance.
> > All the money that was paid by the jealous cement manufacturers also did not
> > end up in my bank account. I am not that greedy. I had to share it with
> > the Palaw'ans led by Tito Mata and the Domadoway Foundation who allowed
> > themselves to be manipulated by the NGOs and protest the cement project to
> > high heavens.
> > NGOs like the Haribon Foundation, PANLIPI and ELAC were so good at
> > brain-washing the tribes so I have to pay them. Until now, Fenway
> > consultants do not dare enter the Pala'wan community unless they want to
> > taste the venom of Tito Mata's indigenous technology blow pipes.
> > There's actually no truth to the reports that Fenway was delisted from the
> > Vancouver Stock Exchange (VSE) for lying about their cement project and for
> > making a fast buck by speculating on their stocks. We just sort of
> > exaggerated it to sell this paper. Fenway executives simply went on
> > vacation to look for other possible listing. Last time I heard, Wilson was
> > in Mongolia.
> > It is also probably true that in the deepest recesses of his aorta,
> > Congressman Amor Abueg sincerely believes in this project. He was not
> > cavorting with Fenway when he endorsed the cement project with no questions
> > asked, in a secret special session in Manila called for the purpose. He
> > probably genuinely believed that the cement project will not displace the
> > Palaw'ans and ruin their lives, and that the mining project will not destroy
> > the virgin forests of Mt. Abo-Abo. As a lawyer familiar with Republic Act
> > 7611, he knows too well that there is no prohibition in the Strategic
> > Environmental Plan against such a mining project.
> > All's well that ends well. The next time Mayor lber Chou organizes a rally
> > in support of the cement plant, I will be there joining the bandwagon. Who
> > knows, I might get paid again.
> > > ---------------------------------------------------
> >
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