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Gold/Mining/Energy : Gallery Resources (Alberta GYR) -- Ignore unavailable to you. Want to Upgrade?


To: Kent C. who wrote (1284)6/20/1998 8:50:00 AM
From: 1king  Read Replies (3) | Respond to of 1829
 
Hi Kent,

This company is an OLDer strategic alliance of INCO's. It allows them to acquire more ground while keeping the property off their "books". Thereby squeezing Chislett and Verbiski out of any interest. The Voisey deal includes clauses that provide the Newfoundlanders with "some interest in" all INCO properties in Labrador. There must be some legal point forcing them to go so public, although the announcement is pretty sugar coated. Your point is well taken. There is excellent ground with a huge amount of data still available in Labrador.

Regards
1King