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To: jrhana who wrote (22323)	10/15/2003 5:09:39 PM
From: jrhana	Respond to of 39344

I wonder-It was IMR in fact that made the issue public What would be the interaction here between the Canadian and Argentine courts

To: jrhana who wrote (22323)	10/15/2003 5:13:59 PM
From: loantech	Read Replies (1) \| Respond to of 39344

Whack down on AQI tomorrow?

To: jrhana who wrote (22323)	10/15/2003 5:17:40 PM
From: E. Charters	Read Replies (2) \| Respond to of 39344

The letter was a private inquisitive letter which asked IMA to justify its staking based on information in the Newmont data. It was not published, nor was it claiming right or stating materially found false fact. As such AQI is not sueable by IMA. IMA's action is frivolous and without merit on the face of it. AQI has no responsibility to IMA to adjust its business and its legitimate inquires to suit IMA's aims and needs in business. My prediction is that IMA's suit will be dismissed quickly as its legal foundation is quite weak. It is obvious that IMA launched the suit to protect its stock price, and take the high ground before it could further its position with speculation. I predict that this strategy will fail and lead AQI to launch a countersuit to protect itself. Although it is a principle that innocence may be loud in crying foul, it is often true too, that people try to obfuscate perceptions of guilt by making a lot of noise. EC<:-}

To: jrhana who wrote (22323)	10/15/2003 11:06:04 PM
From: Eva	Respond to of 39344

IMA launches suit against Aquiline in Supreme Court Aquiline Resources Inc AQI Shares issued 17,781,521 Oct 14 close $0.95 Wed 15 Oct 2003 News Release See (IMR) News Release Mr. Joseph Grosso reports LEGAL ACTION COMMENCED AGAINST AQUILINE IMA Exploration has initiated a legal action in the Supreme Court of British Columbia against Aquiline Resources claiming damages, an injunction and costs for injurious falsehood, interference with contractual relations, interference with economic interests, defamation, and negligence arising out of the defendant's issuance and publication of a letter sent to IMA on the same day that IMA was to have closed a bought-deal financing. As a direct consequence of that letter, IMA's shares lost value and the financing was cancelled. The company will proceed with the planned exploration program on Navidad, as well as other properties, as previously scheduled. IMA Exploration has a strong treasury in excess of $4-million to finance its exploration objectives. WARNING: The company relies upon litigation protection for "forward-looking" statements. (c) Copyright 2003 Canjex Publishing Ltd. stockwatch.com Click here for company snapshot: new.stockwatch.com Click here for recent SEDAR documents: new.stockwatch.com