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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 (2007)	11/29/1998 6:05:00 PM
From: Brian Fowler	Read Replies (1) \| Respond to of 3380

If the drill is turning today, it should take about three days to get some early indication that they've hit sulphides. I'm always leary of these announcements. An announcement of massive sulphides in itself means very little (other than getting most people excited). Massive sulphides can often consist of nothing more than pyrite, pyrrhotite or magnetite, which are worthless. Now, on the other hand, if they announce massive sulphides with good quantities of chalcopyrite and pentlandite, then it's time to hold your stock. Let's hope that these economic metal sulphides show up in the core. There is one thing I do like about the Lab Conductor and that's the fact that it's just west of a major curvature in the gabbroic host. These "flex's" in intrusives often create faults and other channels to pool mineralization. I'm holding Lab too, so I hope they get lucky on this single target. Brian