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Gold/Mining/Energy : Rock Resources

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To: Fungi who wrote (26)10/24/1997 11:53:00 AM
From: the Chief  Read Replies (1) of 1996
 
Gavin/James

I agree with point 2 as well, obviously if Coiron is a dud then financing will start all over again. But I am counting on this property to hold "significant copper" or I would not have bought in. I pride myself with the ability to do Due dilligence on all my penny stock investments. A normal penny stock would only have one or two properties to count on. Rock has the compensation issue with BC as a backup.In regards to point 1 compensation, I don't agree.

Because "cash payment" has been made. Rock will be able to walk into court, if necessary, and sight the cases Royal Oak vs BC Government, INCO vs BC Government, D&B oil Field Contracting vs BC Government. The latter claim went to arbritation and the firm was awarded full compensation + a $3.5 mm penalty. So "cash" as a precedent has already been set James.

As far as hyping the stock Gavin, it basically says it was me because you and James are the only other two people on the thread. I take that as constructive criticism. I have invested "heavily and I do mean heavily" in this company. I stated so on the onset. I think you can assume by that, that I believe in the management, the stock, and the chances for restitution. In my enthusiasm to get others to join this thread my points could be conscrewed as a hype. To that end I apologize. I will in the future try to be more objective, however, with no drill results and no BC GOV verdict it's difficult.

In the meantime gold is off $8.00 to $315.40 yech-h-h-h, thank god I swore off gold after Bema "did me".

the Chief
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