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Gold/Mining/Energy : Rock Resources -- Ignore unavailable to you. Want to Upgrade?


To: Stew who wrote (1611)1/24/2000 5:39:00 PM
From: Keith Minler  Read Replies (2) | Respond to of 1996
 
Hi All; I lifted this summary of the RKR presentation at the conference in Vancouver from the Stockhouse thread, with many thanks from Cityboy over there.

>>>>I talked to Tom Kennedy today at the Vancouver Venture Investment Conference.Let me tell you,i was very impressed the way
he represents Rock Resources.The 30 minute presentation was very informative but the one on one talk before and after was
even better.Here are some of the questions i asked him today.
1.Cost of the drill program?
-They are spending about $1.0 million on the upcoming drill program.That money is in place to drill up to 4000 meters of NQ
diamond drilling.So about 20 holes if you take an average of 200 meters per hole.
2.When is the financing complete?
-Within the next 30 days Tom believes the financing will be complete.Most of the financing comes from Europe.Lots of promoting
going on over there at the moment.
3.How many holes to prove up the property?
-Tom still believes that the Coiron property can be proven with 1 drill program.A buyout after that,who knows?If not a possible JV
partnership perhaps.
4.How many holes before we can expect a NR with assay results?About 5-6 weeks from the day the drills start to turn.Which
would put it to about March 15th 2000.From what i understood,all 20 holes(approximately).
5.How many holes to be drilled in the new 7.5km property?
-None.Rock does not have a deal yet for this property at this time.But they do have the right to be the first to get a crack at it.So
the drilling will be concentrated on the other 2 targets only.Mount Tacho and Cerro Carmen.

BC settlement update?
-Tom could not say anything on this matter.All he said was that everything is taking its course.He mentioned that the people they
are dealing with now are easier to deal with that the G.Clark people.No actual courtdate yet.We will get paid,just a matter of time.

3 of the 4 majors that have visited the Coiron property in the past have requests in to look at the property again.One of them is
actually sending a whole team down there in about 30 days.
To say the least,everybody is excited.

If you guys have any other questions that i might be able to answer,shoot away.
Regards C.B. GO ROCK<<<<

All in all pretty much confirms what we knew, lets hope some of the analysts at the conference spread the word.