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Gold/Mining/Energy : Gerle Gold - GGL
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To: Natedog who wrote (618)3/6/2003 10:12:17 PM
From: kidl  Read Replies (1) of 641
 
GGL stakes confidence in claim dispute decision

GGL Diamond Corp GGL
Shares issued 43,722,510 Mar 6 close $0.37
Thu 6 Mar 2003 News Release
Mr. Raymond Hrkac reports
GGL DIAMOND CORP.: UPDATE ON DOYLE LEGAL PROCEEDINGS
The hearing of the special tribunal ordered by the Federal Court of Appeal to hear the claim dispute between Golden Rule Resources Ltd. et al. and GGL has been concluded and a decision is expected by the end of March. In their submissions to the tribunal, Golden Rule Resources et al. have conceded that their claims were staked in contravention of the Canada mining regulations and have confined their position to an allegation that the initial notices of protest filed by GGL et al. were filed out of time. This technical objection was not raised at the time of the initial hearing before the supervising mining recorder and GGL is confident that it will not prevail.
(c) Copyright 2003 Canjex Publishing Ltd. stockwatch.com
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