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Gold/Mining/Energy : Royal Oak-RYO -- Ignore unavailable to you. Want to Upgrade?

To: JCgold3 who wrote (574)	12/16/1997 4:26:00 AM
From: Michael Bidder	Respond to of 1706

Post says Delgam'ukw court court decision clouds industries Royal Oak Mines Inc RYO Shares issued 140795079 1997-12-12 close $2 Monday Dec 15 1997 See MacMillan Bloedel Ltd (MB) In the News The Financial Post reports in its Monday edition that BC's ailing forestry and mining sectors were dealt another blow this past week by a court decision that calls into question who controls the province's resource base. Reporter Keith Damsell says the uncertainty has intensified, according to Ken Sumanik, director of environment and land use with the Mining Association of BC. On Thursday, the Supreme Court of Canada overturned a lower court ruling that had dismissed native claims to ownership of a huge tract of land in northwest BC. The Gitksan and Wet'suwet'en First Nations are expected to begin a new legal fight for their right to 58,000 square kilometres. They originally launched their legal battle in 1987, arguing they retained rights to the land because they never signed treaties relinquishing those claims. They lost four years later, but appealed to the Supreme Court, which ruled in a unanimous decision by six judges that the case should be retried, or preferably, Ottawa and the province should negotiate a settlement. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com