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Gold/Mining/Energy : Rock Resources

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To: Carol who wrote (55)1/3/1998 9:32:00 AM
From: the Chief  Read Replies (1) of 1996
 
Carol, merry xmas/happy ny. I am pleasantly surprised as to the stamina in this stock. The road is too the property. Drill rig should arrive sometime this month. Mr. Kennedy is "serving up" formal notice to the BC Government for restitution. Basically everything is on schedule.

Copper is selling at 4 year lows right now with little upside in the shortterm. However, because this property will not even be a mine for 2-3 years (if viable) the price of copper today only hinders Rock getting capital. But, even that does not seem to be a problem. I was talking with IR and it appears they have got a "deal" going in Europe for some financing for "beyond phase 1".

Remember, phase one is the road, a few drill holes and analysis. Phase two is an extensive drilling program.

We should hear something by early March on drill Analysis.

Yes, I fled to Florida, the temperature here has been variable because of El Nino, but still nice. We have had 5 days of 62-68 degree weather , with the remainder being about 76-83. We have been here since the 27th November. Next week will be our best temps yet. 81,85,86,86,86, for the week, I can cope. I'll keep in touch.

the Chief
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