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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: Andrew Bailey who wrote (729)5/5/1998 3:28:00 PM
From: Ed Pakstas  Read Replies (2) | Respond to of 3380
 
Hey Andrew... I agree with u that PLM is probably a better managed company... It's to bad they didn't own the 50%... The problem is that LAB management hold the hammer and Larrabie is gonna hold out for the best deal for himself and his cronnies... Us little guys are just along for the ride, if and when it really starts... Looked pretty good last week when she broke the .50... I do believe I mentioned that we are going to have to plow through quite a bit of paper in the low .50's... I was a little more optimistic before this latest NR..

Didn't think he would stall some more, considering the amount of dollars that the rest of the JV's are spending in the area...

...ed