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Gold/Mining/Energy : Rock Resources

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To: Feline who wrote (44)	11/10/1997 12:49:00 PM
From: the Chief	Read Replies (1) of 1996

Tom Kennedy (CEO) is a member, in good standing, of the Bar of British Columbia. He practiced criminal law in BC for a number of years before deciding to get into mining fulltime. He sponsored ($$$) a number of mining companies in the past and found that he could do a better job than some of the CEO's he had put his trust in. So he switched to mining and took over Braemount Resources, renamed it "Lumby", decided it sounded a bit "lumpy" and renamed it Rock Resources. His counsel is well known to him and to the Government of BC. I don't see a problem here, he's more than familiar with the BC Government than most. He is optimistic that his chosen process is the right one. He has had an independant "respected" engineering firm do an appraisal of the Amber properties. Their assesment was $21,000,000. He chose to settle for less if the government will do it quickly. I think if they delay too long he will just raise it up to the $21MM and sue them. He is unafraid of the process. When he says legal precedence has been set, I believe him. But, I also have vested interest, so am bias!! the Chief

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