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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: Rocket Red who wrote (775)5/6/1998 10:43:00 PM
From: IKE  Read Replies (2) | Respond to of 3380
 
To All Here It Is:

Pallaum Minerals [PLM.C] - Full Steam Ahead?

It was only yesterday that Pallaum and partners went public with their
disapproval of Labrador's [LAB.V] actions (or inactions), but today we
are hearing that things may have been resolved and that the syndicate
will be proceeding on schedule. If this is the case, expect news from
Pallaum in the next few days pertaining to their plans in South Voisey's
Bay. Donner [DML.V] has reportedly begun drilling as of last night and
the entire area will be prone to speculative rumors and runs.

On a side note, Pallaum announced their preliminary budget of $1-million
USD work program for 1998 in Nevada which should also prove to be very
interesting.