SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Rock Resources

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ogi who wrote (1311)10/6/1999 10:06:00 PM
From: the Chief  Read Replies (1) of 1996
 
A statement of claim was filed on Sept 28 99, this represents an acknowledgement on Rock's part that talks may not bear fruit. I.R believes that talks have been ongoing but it was necessary for Rock to be well positioned should they not produce a settlement. IR could not comment on why this would not be worthy of a news release. Arbitration has not been pursued as that route requires a waiving of court action, leaving RKR stuck if the arbitration settlement were unacceptable.

This is my understanding and is consistent with what Rock has said from the onset. If things did not pan out, or if negotiations looked like they were going nowhere, then they would file the claim. It appears Sept 28 was the day they decided they were getting nowhere. I stated earlier that the ousting of Clarke created a "dead space", obviously the dead space proliferated the claim.

So be it! I have stated from the onset that I felt this was going to be necessary. It is well known in the BC circles that the "big" get greased and the "small" get the shaft. We shall see.......see you in court BC Gov!

the Chief
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext