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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Scott Mc who wrote (1925)	1/8/1997 12:41:00 PM
From: Richard Saunders	of 24925

Macs/ Lateral Vector - China has a way of biting........ there's a news release today indicating that LVR is in fumble-mode re: China plans. It's at ww2.newswire.ca I too have a small (got smaller over the past couple of weeks...) position. Another company with sites upon China (non-oil) is Asia Minerals (Royal Oak has an interest) and this company has also had lots of fun dealing with apparent China bureaucracy, etc......... It looks like LVR also has a financing challenge re: proceeding in China. Maybe Kerm has more?.... I haven't been in contact with co. so make sure your due dilligence is complete before making rash decisions.

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