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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 (1782)	11/23/1998 10:00:00 PM
From: John Fairchild	Read Replies (1) \| Respond to of 3380

PLM had another NR today basically to tell investors to visit their web site to view the maps (same as LABS). Note also that they indicate drilling within days. Strong Bulls Eye EM Anomaly Plus Coincident Gravity High Equals #1 Drill Target Pallaum Minerals Ltd. is pleased to announce that the latest geophysical survey on the Labrador Nickel Syndicate Adlatok River 2 property has identified a one kilometer by 600 meter anomaly, named the “Golden Bear” by analysts, within which is a much stronger bulls-eye anomaly 400 meters by 200 meters in size that is interpreted to have resulted from a significant electrical conductor at depth. The gravity survey over the same area has identified a broad high indicator. The PEM and gravity anomalies are within an east-west trending sill-like gabbroic body that contains olivine and mineralized stringers. Drilling is expected to commence within days. Pallaum Minerals Ltd. encourages investors to visit their web site at www.pallaum.com/whatsnew.html (or in “What's New” section of Pallaum's website) to view recently completed PEM survey results along with previous geological and gravity surveys. The Labrador Nickel Syndicate is composed of Labrador International Mining Ltd. (50%), Pallaum Minerals Ltd. (25%) and GlobeNet Resources Inc. (25%). #570 - 1050 West Pender Street Vancouver, B.C. Canada V6E 3S7 Telephone: (604) 687-5257 Facsimile: (604) 687-0384 Toll Free: 1-800-895-2211

To: Rocket Red who wrote (1782)	11/23/1998 10:32:00 PM
From: John Fairchild	Read Replies (1) \| Respond to of 3380

Your right Red, LAB has been trading an average of 225k over the last 5 trading days. We definitely have momentum going here and I am beginning to think breakout. The only time in the last four years that LAB has traded this heavy for 5 days in a row was the DML pots and pans announcement in mid Oct 97. That action was more like a spike than the constant controlled buying we are seeing over the last 5 days. My guess is the buying will continue and become less controlled and more frenzied when the drilling starts. The great thing about this is we won't have long to wait because patients has never been my strongest virtue. John