Royal International Venture RIL.V (was Labrador Int'l LAB) Message Board

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Gold/Mining/Energy : Royal International Venture RIL.V (was Labrador Int'l LAB)

LAB 1.125

+0.4%

Nov 7 9:30 AM EST

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To: squirmy who wrote (507)	4/2/1998 3:10:00 PM
From: Ed Pakstas	Read Replies (1) of 3380

Spoke to someone at LAB today... Here's what I got... The pres. is supposed to be in a meeting with DML/Teck today in order to finalize a "Drilling Contract" with them... Said contract does apparently involve gravity surveys of the LAB property... The word is no more JV partners, no more ownership dilution... It's an outright drilling agreement with the DML/TECK people... I think this is great news...Considering the Cypress property abuts the LAB property on the north and most of the Cypress drilling was along the northern fringes of the boundary... If the DML/TECK people hit on the LAB property.... Oh DAMN!!! My imagination is beginning to wander.... ...ed

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