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 1.260

+1.6%

Feb 6 9:30 AM EST

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To: Ed Pakstas who wrote (3333)	8/13/1999 4:02:00 PM
From: Salt'n'Peppa	Read Replies (1) of 3380

Ed, don't you think that 5% of the Ekho project is a whopper story? As I pointed out before, RIL is now in the same position as KOB was 15 months ago. The advantage these guys have is that an apparently similar project (not geologically similar, mind you) appears to be hugely successful right next door. You can bet that the gold rush will be on, and these guys are about to drill a very nice seismically defined structure beneath a huge producing field. On top of all this, RIL only has 3.3MM publicly traded shares. In my humble opinion, that is a whopper story. I like the positioning of your light switch. $0.75 would suit me fine. The thing is, in order for RIL to get there, CUV, POE and all the other Ekho JVs will have to rise accordingly. It will be interesting. Meanwhile, all eyes are on East Lost Hills. Have a great weekend. S&P

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