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Gold/Mining/Energy : William Resources - WIM-TSE -- Ignore unavailable to you. Want to Upgrade?

To: JAS who wrote (1175)	1/11/1999 5:19:00 PM
From: 1st.mate	Respond to of 1326

*********OFF TOPIC***** *******THIS IS A SPAM*********** Information is thought to be true and this should be a good place to make money...I am invested in this stock. Rock Resources RKR.V Looking at a good day for the Rock!!!No. of trades are up! Volume is up and share price is up.. Stock is ready to "ROCK"... The charts must be screaming to buy on this one. Still trading at its or close to its year lows!! RKR.V will be the first to get a settlement from BC Government. IMHO it will be between 15-25 Million and only 16 million afloat(Estimate). IP survey is expected within the next 10 days(company already saying huge showing)! Big write up about THE ROCK and the BC settlement in the Vancouver Sun on the weekend(RKR mentioned). Globe expected to do a feature(the little bird said). Disclaimer. I am invested in this stock..I have lost a lot of money in the past..I, usually am wrong. I am no person to take investment advise from as I am doing poorly with my own money, what would I do with yours? I am a private investor only!! Do not buy, But do yourself a favor and have a look Subject 15047

To: JAS who wrote (1175)	2/10/1999 11:06:00 AM
From: Robert Dydo	Read Replies (1) \| Respond to of 1326

William Resources reaches agreement with Terra Mining William Resources Inc WIM Shares issued 13,484,715 Feb 9 close $0.055 Wed 10 Feb 99 News Release Mr. Stan Bharti reports William Resources Inc. has entered into an agreement with its lenders under certain loan facilities for Terra Mining AB, the owner of the Bjorkdal operations in Sweden, pursuant to which the lenders will not seek repayment of the outstanding debt of $31.1-million (U.S.) prior to Dec. 31, 1999, on certain conditions. The agreement has been negotiated and entered into in response to demand letters for payment of principal and interest under the respective loan facilities. The agreement provides that the lenders will assume control of Terra. In consideration, the lenders will release the guarantees, provided by the company, of the obligations due under the loan facilities. During the period up to May 15, 1999, the lenders may not sell Terra or the underlying assets unless the sale yields an amount sufficient to satisfy the debt in full. Any sale during such period will be subject to a right of first refusal on the part of the company that would require the company to match the sale price and pay reasonable break up fees. Any residual interest, if the sale occurs prior to Dec. 31, 1999, would be paid to the company. The company may at any time repay the loans in full. The decision was taken by the company after careful deliberation and taking into consideration a number of factors, including Terra's immediate cash requirements and the advantages of obtaining releases while maintaining residual interests in the companies and assets. The lenders, in assuming operational control, will be responsible for the cash requirements and the company understands that they will advance at least $1-million (U.S.) to meet Terra's immediate needs and may defer interest payments. The company is continuing negotiations with the lenders to the Jacobina operations and expects to reach an agreement with the lenders relating to the company's obligations under this facility.