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Gold/Mining/Energy : Royal International Venture RIL.V (was Labrador Int'l LAB) -- Ignore unavailable to you. Want to Upgrade?

To: Ed Pakstas who wrote (443)	3/13/1998 7:30:00 PM
From: squirmy	Respond to of 3380

Hey ED, Is there anyway of knowing if a house is buying for itself or for a client who may place a large order.For eg. union today could that have been them filling a large buy order or are they buying to hold.This whole brokerage manipulating volumes and prices seems so odd to me.I dont think of myself as naive but I find it hard to believe that this is allowed to go on.Also being a man who I think is straight up I would love your opinion on a stock with a musicians name and a frog for a mate.I dont want to say who but I know a guy who does dd like you will know excactly what I am talking about.I am considering a large position in it and would appreciate any input you may have.Thanks for all the work you do on SI by the way.Its nice to run into the odd sensible person on these threads.I only wish I was one of them.Belize I am coming.

To: Ed Pakstas who wrote (443)	3/15/1998 11:29:00 PM
From: Peter J Smit	Read Replies (1) \| Respond to of 3380

Ed I was checking who did the financing for LAB in February....Union! Support from the the people putting up the bux? Regards February 27, 1998 Labrador International Mining Ltd. will not proceed with the financing announced on Feb. 3, 1998. The company has arranged a new placement with Union Securities for up to 4,500,000 special warrants at $0.225 per special warrant for total proceeds of $1,012,500. Each special warrant will entitle the holder to acquire one unit consisting of one share and one warrant and for no additional consideration to purchase one share for $0.225 the first year and $0.275 the second year. The company has agreed to pay Union Securities 6% of gross proceeds and has further agreed to issue class B warrants to purchase up to 600,000 shares at $0.275 for a period of two years. Funds will be used to finance Voisey Bay work, property acquisitions and exploration as well as for general administrative purposes.