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Gold/Mining/Energy : Rock Resources
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To: JAS who wrote (923)3/8/1999 10:49:00 AM
From: Ceedee  Read Replies (2) of 1996
 
Hello JAS,we are waiting,we are holding.Talked to IR last week,this is suppose to be the week where everything happens.Rumour is they strike a big anomaly with the IP,rumour is also that they have now six majors on stand-by that wants to get involved with this play and rumour is also that a settlement or a first proposition is in the making from the BC government.My feeling is they do not want to join a major for now before they get a feedback from the BC Gov.,as a settlement would give them plenty of cash to start the drilling.A joint venture would be good at30-40% but not more.Without money,they would be tempted to go join on a basis of 60% or more.Good luck to all...
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