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Gold/Mining/Energy : Royal International Venture RIL.V (was Labrador Int'l LAB)
LAB 1.675+1.8%12:32 PM EST

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To: Abner Hosmer who wrote (2092)12/1/1998 7:03:00 AM
From: The Osprey  Read Replies (2) of 3380
 
This whole play this year seems to be acting out of desperation and the normal trends a stock follows pre-drilling ,drilling and the wait pending assays is contradictory to historical patterns.We did notice a lot of approved options just prior to the start of drilling.Are these being converted to cash to ensure survival or am I being to hasty here.
The same trend seemed to exist with DML/NAI and MGJ seemed almost a passing thought.

Now the lead up to Golden Bear and there is a negative trend.????Are these plays this year all vain efforts to create liquidity to allow for the preservation of the play or some shallow effort to screw the shareholder on one last hurrah???

Having said that I am in DML/NAI and LAB and these are the questions I am now asking myself.Tell me I am wrong.

I hope to-day tells a little better story for us all. Good luck guys and gals.

Osprey
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