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Gold/Mining/Energy : Exall Resources/Glimmer Resources
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To: James N. Wilson who wrote (526)3/16/1998 8:31:00 AM
From: Mayer Tchelebon  Read Replies (1) of 1319
 
Thanks for the clarification. If the court-appointed referee is only going to start work in April, then you have to assume a decision will come down in the Summer.

Exall has already made it clear in a previous press release (Nov.27/97) that they will appeal a decision not in their favour. If that happens, add a few more months to a year.

I hope for everyone's sake that the two companies are talking to each other about some creative solution, i.e. merger, settlement or a sale to a third company of the Glimmer mine. I wonder if this (or other idea) was floated around at the PDAC.
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