Gator, don't know how you feel about stocks from north of the border, but here is a email that was passed on to me from a friend in the business.
......................................................................
My name is Dave Hodge. I am president of a Vancouver Junior Resource Company
and was given your name as someone who may be interested in our company. I was
told very directly not to send you information until the time was right. I am
mailing to you now because I believe that time is now. Please check out the
web
site and the market soon. If you would prefer not to receive e-mail from me,
please let me know and it will not happen again.
As you are on a recommended list, I have included all my personal contact
numbers.
E-mail dhodge@roccaresources.com (at the office)
E-mail ddhodge@wave.home.com (at home)
Phone 604 681 1568
CellPhone 604 760 3669
office toll free1 877 377 6222
Fax at the office 604 68i 8240
Thank you.
Dave Hodge
Check out the new features on the web site.
<http://www.roccaresources.com/>www.roccaresources.com
News out today after the market.
Market Depth for RRL - V
Depth by Price for RRL - V as of 1999-02-09 13:27:39
------------Bid----------------------------Ask----
1____10,000___.39----.40____3,500____1
2____35,000___.36----.43____1,000____1
2___205,000___.35----.44____7,000____2
4____21,000___.32----.45___10,000____1
1_____8,500___.31----.50____9,500____2
February 9, 1999 Trading Symbol: RRL-V
Formal Report on Mine Leonardo
The company has received a formal report on the Mine Leonardo from its
Geologist Alex Burton, P. Eng. The complete report may be viewed on the
company's web site at www.roccaresources.com, or you may request a copy via
fax
or mail from the company. The following are some excerpts from the report:
-- “The outcrops are elongated along strike. The Leonardo outcrop is 265
metres
long on an east-west strike trend dipping to the south. The outcrop strikes
essentially WSW ENE and dips 40 to 50 degrees to the south. There is a
suggestion that as the beds move further south from the massive older
volcanics
that form the hillside they may flatten in dip.”
-- “About 500 metres to the east, an examination of the stereoscopic air
photos
suggest an erosional window through the fan gravel (due to recent stream
downcutting) to the Leonardo beds. Field investigation proved this correct.
There does not appear to be any fault offset on this outcrop. The same beds
extend at least four continuous kilometres west of the Leonardo. It seems
acceptable to suggest they could extend east a considerable distance under the
fan gravel.”
--“A rubber tired tractor with backhoe was used to dig in overburden from the
last known hangingwall side of the oil shale beds exposed another plus six
metres true thickness of oil bearing beds. The trenching stopped in overburden
too deep to expose bedrock at that point. That essentially doubled the
thickness of the oil shale beds.”
-- “There is an oil seep in a cross gully near the western end of the Leonardo
outcrop that relates to the Leonardo oil shale beds. There is another stronger
oil seep to the north, uphill from the Leonardo oil shale beds. As this second
seep could not come from the Leonardo beds, it must come from another set of
oil shale beds lower down in the section. There is another less well-exposed
oil seep further uphill from the second seep which may represent another
set of
oil shale beds.”
The report concludes with the recommendation of further work including the
study of historical seismic surveys, further trenching, and drilling. The
company intends to follow these recommendations and expects to announce a
further work program upon VSE property approval.
The company is pleased to announce that video footage of the Leonardo property
can now be found at the company's web site
<http://www.roccaresources.com/>www.roccaresources.com. These excerpts were
filmed and narrated by Alex Burton, P. Eng. (Geologist).
The terms of property agreement have been amended to the following:
For the option of 100% undivided interest in the project Leonardo mine, the
company has agreed to pay $25,000 US and issue 100,000 shares on receipt of
VSE
approval of the option agreement. In addition, the company will issue
1,400,000
shares and grant a 14% net profit royalty on approval of the acquisition
agreement by the Vancouver Stock Exchange. Upon commencement of commercial
production of the project, the company will pay to Grupo Economic Fenix (GEF)
$2,000,000 US.
Documentation for approval of the option has been submitted to the Vancouver
Stock Exchange.
Rocca Resources Ltd. will be attending the Prospectors & Developers
Association
of Canada (PDAC) Annual International Convention and Trade Show in Toronto,
Canada in March 14-17, 1999. Everyone is invited to visit us at our booth
#2432.
“David Hodge”
President
Rocca Resources Ltd.
The Vancouver Stock Exchange has neither approved nor disapproved the
information contained herein.
Dave Hodge
E-mail dhodge@roccaresources.com (at the office)
E-mail ddhodge@wave.home.com (at home)
Phone 604 681 1568
CellPhone 604 760 3669
office toll free1 877 377 6222
Fax at the office 604 68i 8240
......................................................................
PSN |
