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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: 1king who wrote (556)	4/9/1998 3:34:00 PM
From: IKE	Read Replies (6) \| Respond to of 3380

The information I shared regarding 200 holes to find the Eastern deeps was shared by the project manager who is now on board with DML. The DFR discovery was discussed with Mr. Keates recently. It only took eleven holes to discover the (Ovoid). DFR was expending $15 million a quarter for drilling to extend the Ovoid, it took 200 holes to discover the Eastern Deeps. There you have it. As far as Donner/Teck being half way done; I would disagree with that because most holes that were drilled in 96 were probing and not deep and not drilled by Teck. I think SVB will require a lot of deep drilling. I do agree that they have a logical and well planned program in place. If a deposit or deposits are there, Teck will find them. Good Luck, IKE