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Gold/Mining/Energy : AA NEW ARCADIA RESOURCES OIL/GAS SEINE RIVER PROJECT.

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To: J. Nelson who wrote (66)3/9/1997 8:09:00 PM
From: Winzer   of 80
 
What Gold Property Does SRO have? Are you talking about the Plumas?

I seem to remember that they has a Plumas Gold Mine in Califonia and the deal fell through with Canuc Resources. Canuc is now on to bigger and better things.

I was reviewing some old Canuc press releases and was reminded of why Canuc pulled out of the deal. The couldn't get the envirinmental permits, stating that the locals wanted the jobs, but the environmentalsts wouldn't budge. Canuc also passed up the Leadville JV in Colorado to concentrate on an Ecuador property, JV with maybe Placer Dome with Mega Ounces and Open Pit.

The only thing that makes sense is if SRO gets involved with Siskon Gold (NASDAQ). I see from the Siskon SI thread that Siskon is also having it's share of problems. I became a SRO owner because of my Canuc holdings; I see Siskon was looking to use road headers. I'm not sure if this type of equipment is suitable in a wet(underground) mine.
They do work well in salt/potash and coal mines. Colour me skeptical.

Is this news related to the Plumas Property or do they have another property?

Cheers Winzer
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