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Gold/Mining/Energy : Solv Ex (SOLVD)

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To: norwalk hawk who wrote (5236)	12/27/1997 11:11:00 AM
From: JJB	Read Replies (1) of 6735

I stopped by the Federal CourtHouse late Wednesday. No hearing date has been set for SEC request to lift the bankruptcy judge's injunction against passing proprietary info to Suncor and Syncrude. Probably isn't going the way either wants. SEC requested expidited hearing, had one rejected for wrong format and no hearing 4 months later. Solv still spending time and money defending itself. I don't get it, what value would foreign-based competitors opinion be in a proceeding against the folks at Solv anyway? If they are being so "helpful" why not just sign confidentiality agreement, Koch did. What opinion could these folks have on minerals recovery, they don't do any. Why not gets a confidential independent analysis? SEC is not barred from that.

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