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Gold/Mining/Energy : International Larder-Symbol LRDR on the CDN

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To: DON who wrote (120)1/19/1997 8:43:00 AM
From: Mike Perras   of 278
 
Hi Don:

My disclaimer is WHO EVER REALLY KNOWS .. however, the stock is over priced & has been, remember this stock split already, so 11.00 is like 22.00 .. Royal Oak is only 4 something.

Band Ore were hoping to hear from Teck, like their style .. now Placer makes some noise .. personally I think Placer would make more on the bottom line with BandOre than Bre X ... Bre X will forever be a wildcard .. even after everything is in place what stops the gov't from coming back with yet another deal .. remember who we're dealing with here.

Band Ore is a quality product .. but not worth the current price!
V.ABB V.SDN O.BLKP O.LRDR are going to make some money this spring just by being where they are (near Band Ore). I personally prefer the current management .. we have all made some money with these hands on boys.

The take over possibility is in the air everywhere. Still rumour as far as I'm concerned .. but it has never been defused by anyone who
is credible re the company. I do think the company wants to see an offer .. this will keep up the price don't you think?

Mike Perras
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