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To: E. Charters who wrote (22104)10/10/2003 5:29:48 AM
From: Michael Bidder  Read Replies (1) | Respond to of 39344
 
On the face of it look at what AQI is claiming. They didn't even own the data at the time of the IMA staking. Newmont didn’t care.

The data would have represented only a small fraction of the regional data the IMA had collected or bought over the years in the Area.

The Newmont data covered a large part if not all of the area of interest of IMA. Is the query by AQI implying that every company that is looking in the area that took a peak at the Newmont data should cease activity? Should IMA have gone on an exploration holiday? The confidentiality didn't ask for that.

IMA got lucky. They didn't know what was up the hill. They were looking and they were using data that was their own.

The confidentiality provided for an "AREA OF INFLUENCE"

AQI is reaching and playing some cheap trick. IMA would have tossed the letter in the trash but for the Financing.

You just watch. 1) IMA will drill. 2) Stock will fly. 3) Judge will not take the case. (What case?) AQI will back peddle.



To: E. Charters who wrote (22104)10/10/2003 5:39:43 AM
From: Michael Bidder  Read Replies (1) | Respond to of 39344
 
One more thing: If AQI is talking about timing look at theirs. Letter delivered two hours before a financing! This is corporate mischief. Case will be tossed out, IMA can press charges.

AQI knew about the Navidad discovery when they closed the deal on Calcatreau. Perhaps they wanted the claim jumping potential. How can they ever prove damages here? No COURT IN THE LAND here or south would ever give this Virgin stake to AQI. AQI is Out of Luck!