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Gold/Mining/Energy : byg
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To: Al Cern who wrote (738)10/22/1998 9:32:00 PM
From: JUNIORSPECULATOR  Read Replies (2) of 769
 
Hello Al: How are ya doin? With all due respect, this company has become the laughing stock of the industry. The lastest release is just another chapter of the on-going Comedy of Errors associated with BYG and it's Associates. Talk about Murphy's Law !!!!!!!!Oh well, such is life. Good Dayyyyy Ronald

PS: If ever a company needed divine intervention, this is surely the classic case it would apply to.

>From newsout@canada-stockwatch.com Thu Oct 22 17:09:37 1998
Date: Thu, 22 Oct 1998 14:09:34 -0700
From: newsout@canada-stockwatch.com
Subject: Stockwatch: BYG Natural Resources Inc - Street Wire
To: "Darryl MacDonell" <rmdonell@baynet.net>

Mount Nansen royalty payment suit filed

BYG Natural Resources Inc BYG
Shares issued 55,601,310 Oct 21 close $0.12
Thu 22 Oct 98 Street Wire
by Brent Mudry
BYG Natural Resources faces a royalty payment suit relating to its Mount
Nansen property. In a statement of claim filed Wednesday in the Supreme
Court of British Columbia, 416993 B.C. claims BYG has not paid royalties
for the fourth quarter of 1997 and the first and second quarters of 1998.
The dispute focuses on a 3 per cent net smelter royalty return on certain
properties comprising the Mount Nansen mineral claims. The suit notes that
BYG paid all the royalties due for all periods in which the property was
production, up to and including the third quarter of last year. Vancouver
lawyer Joseph McArthur of Blake Cassels Graydon notes that BYG stopped
production last October and resumed in February. The suit seeks specific
performance of the royalty agreement or unspecified damages. A statement of
defence has not yet been filed.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com
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