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Gold/Mining/Energy : A to Z Junior Mining Research Site

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To: 4figureau who started this subject	8/14/2002 12:18:40 PM
From: Pete	Read Replies (1) of 5423

Wolfden (YWO.V) closed another $3.578 million from 4 brokerage houses- Stock has dropped off in the current soft market. Teck Cominco has also come on board as technical advisor on the High Lake copper/zinc property. Teck is also putting in a million dollars and has a right of first refusal on the High Lake. ------------------------- "Teck Cominco shall have certain priority rights to the High Lake Property for a minimum period of one year; and, continued thereafter, subject to Teck Cominco maintaining their present level of technical support to the High Lake Project and participating in periodic Wolfden financing programs at a rate of not less than 15%. Teck Cominco shall have a first right of refusal on a joint venture or outright property sale during this period."

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