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


To: Fungi who wrote (30)10/25/1997 3:34:00 PM
From: the Chief  Read Replies (1) | Respond to of 1996
 
OK, but I think your point brought me into focus, so I appreciate it, no offense taken. You and I could definetly discuss the many attributes of Delmar Newman then eh!! I did very well with Fairmile as well. Never did believe the "massiveness" of it all. I disappeared at $6.20 after buying in at .91 cents. The only unfortunate thing was I never bought 11,000,000 shares.

Your point to Carol is right on the money. RKR paid big for this property because it is a quality property. Copper goes through cycles and once Asian markets stabilize, the demand will return. So if Rock does hit a good deposit, there is still plenty of time for recovery. Another reason I got involved with this company was because the property is "next door" to Los Pelambres. The reason this is very important is because they are fully funded and will commence a mine build shortly. If RKR does hit it, it is more feasible to increase Los Pelambres throughput than building another mine. Logically, one could then surmise that a buyout is possible then as well. Or, I'm holding wallpaper !!!!

the Chief