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Gold/Mining/Energy : Precious and Base Metal Investing

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To: russet who wrote (22906)	10/26/2003 10:47:39 PM
From: Michael Bidder	Read Replies (1) of 39344

BINGO! Russett, I am going to peoplemark you. ...IMA would be stupid to give AQI anything without a court order. The correct course of action is to tell AQI to put up or shut up on the issue, hence the lawsuit.>>> As well Aquiline is now in the position of needing a quick outcome. They need to do further financings to meet there property commitments. Drilling and Exploration is now out of the question as all cash needs to be conserved to meet her heavy property payments. Her payments average more than $100,000 per month to maintain ownership of properties. That is only payments not exploration. If this goes to trial I predict AQI will be defaulting on properties she has paid at least 500k for. This is not the type of trail that will be short lived. Nor will it be easy for AQI to win her case, if there is one. The onus is on AQI to prove that IMA used Newmont data in breach of her confidentality and not IMA data. IMA had almost 10 years worth of data. I think IMA also had access to mountains of old Government of Argentina Mines data.

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