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

To: the Chief who wrote (1749)	2/26/2000 11:51:00 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 1996

I know about the growing interest in the property: "Twelve major mining companies have signed confidentiality agreements, several have visited the property, and others have requested site visits. Other majors have expressed considerable interest.", said Lion Capital. But about the capital, I don't know who is right, Chief. Lion Capital says 46M out, 68M fully diluted. ironwood.emerchantpro.com If your numbers are the good one, than it makes more sense. But still, C$70M would be rather high for a property at this stage of the exploration game. No matter what they think of the IP and surface expression... until you drill, they can't be sure. But if Lion Capital numbers are right, than I still think it is not reasonable to suggest a buy to $1.50.