Royal International Venture RIL.V (was Labrador Int'l LAB) Message Board

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Gold/Mining/Energy : Royal International Venture RIL.V (was Labrador Int'l LAB)

LAB 1.445

-1.7%

3:59 PM EST

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To: Flea who wrote (1243)	10/20/1998 6:10:00 PM
From: Ed Pakstas	Read Replies (1) of 3380

Spoke to LAB a little while ago...Here's what I dug out of them... PEM Surveys just came back today... Each PEM loop that they do is good for approx: 200 metres...They conducted 2.5 kilomtres of them starting from about the half way mark of the old Thistle property (#2 on the SVB MAP located here juniorstocks.com), which abuts the MGJ property They then moved eastward south of the DML/CYP property towards the DML property, for about 2-2.5 kilometres...More PEM's are planned within the next couple of weeks... DML staff say that they have interpreted several "hotspots" on the LAB property and that they are the strongest readings that they have seen to date... The rig is presently on the NAI property (where, I don't know) and once they have finished there, the rig will then be moved over to the LAB property... It's anticipated that the LAB drill program will start within 2-3 weeks... Depth of holes are anticipated to be in the 400 metre range... Drill program has already been paid for... RE: The 100K block offerring by Union at .15... LAB people are assuming that it was supposed to be a cross that didn't occur before the market close otherwise they have no explanation for it being there... Without looking at previous trades for the past couple of months to see if Union bought any stock below the .15 mark, I'm assuming that it may be an Insider arranging a trade of 0.15 option stock... But then again, what the 'ell do I know... ...ed

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