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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: squirmy who wrote (511)4/3/1998 6:40:00 PM
From: Ed Pakstas  Read Replies (1) | Respond to of 3380
 
Apparently it's just to do the drilling on a contract basis...NO PIECE OF THE ACTION...NO FURTHER DILUTION OF SHARES OR PARTNERS...

I consider this to be good news... If they hit on the LAB property or anywhere near it, then we're talking big bucks for a buyout or takeover...

Can anybody else figure out how DML/Teck will be able to get a piece of the LAB's action if the find a pot's and pan's core????...

Have'nt had time to go back into the HP's as yet... Will have it figured out by the end of the weekend...

...ed