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Gold/Mining/Energy : Rock Resources -- Ignore unavailable to you. Want to Upgrade?

To: the Chief who wrote (578)	1/11/1999 10:30:00 PM
From: Ed Pakstas	Read Replies (1) \| Respond to of 1996

vancouversun.com

To: the Chief who wrote (578)	1/11/1999 10:44:00 PM
From: CIMA	Read Replies (2) \| Respond to of 1996

Interesting point-of-view: Sabine Jessen, executive-director of the B.C. branch of the Canadian Parks and Wilderness Association, said she would be concerned about claims for compensation where there are no apparent mineral resources. She also has trouble with the concept of the province having to pay for its own resources. "It should only be for operating mines," she said of the compensation issue. "Anything in the exploration stage, the mining community must recognize government still has a role in setting policy and making final decisions." Doesn't seem as rich as we would have hoped: The 80 holders of the 300 outstanding mineral claims are expected to receive anywhere from several thousand to several hundred thousand dollars apiece in compensation from the province. The new compensation regulations are expected to propose that both the government and claim owner provide their own evaluation. Where a settlement cannot be negotiated, the final price would be determined through arbitration.

To: the Chief who wrote (578)	1/12/1999 12:09:00 AM
From: Claude Cormier	Respond to of 1996

How many companies will split this $100 millions compensation package ? CC Editor, The Goldbug's Comment

To: the Chief who wrote (578)	1/12/1999 9:02:00 AM
From: 1st.mate	Read Replies (1) \| Respond to of 1996

Chief: Your opinions please. Under the pending new regulations, he expects compensation to be determined according to market values of the claims at the time each park was created -- the price influenced by world demand for minerals as well as the prospects for each property. Was our claim valued at $15,000,000? The bulk of outstanding mineral claims are located in Tatshenshini-Alsek park in northwest B.C., Kokanee Glacier and Goat Range in the Kootenays,Tweedsmuir in west-central B.C., the Stein Valley near Lytton, Strathcona on Vancouver Island, and Granby near Grand Forks. Where is our claim? Sabine Jessen, executive-director of the B.C. branch of the Canadian Parks and Wilderness Association, said she would be concerned about claims for compensation where there are no apparent mineral resources. She also has trouble with the concept of the province having to pay for its own resources. "It should only be for operating mines," she said of the compensation issue. "Anything in the exploration stage, the mining community must recognize government still has a role in setting policy and making final decisions." Mineral exploration and associated costs are a "no compensation"? If the government sells a mining claim, it is not solely the governments resources any more. RIGHT? Mrs. Jessen is deffenently not in touch with the industry!! It is ovious that these statements were not cleared by the GOV. She should try for the other foot..If company share prices fall, it could increace settlement costs. Also. It is my opinion that any person or Gov. can't negatively influence a person or company property without compensation! This is the fabric of our court system! Give us your take on this?? Do you know Tom Kennedy's take?? In the largest settlement to date, the province agreed in 1995 to pay Royal Oak Mines and related companies $166 million in loans, subsidies, and other financial assistance for the loss of the Windy Craggy copper deposit resulting from the creation of the 958,000-hectare Tatshenshini-Alsek park. Holders of numerous other claims in that park are still awaiting compensation. "Royal Oak was the most expensive and the highest profile," McKnight said. "But there's lots of them around, and Royal Oak is only one of them." McKnight seems to be talking level headed here! Opinion? The 80 holders of the 300 outstanding mineral claims are expected to receive anywhere from several thousand to several hundred thousand dollars apiece in compensation from the province. The new compensation regulations are expected to propose that both the government and claim owner provide their own evaluation. Where a settlement cannot be negotiated, the final price would be determined through arbitration. There is no mention of millions here. Rock's claim hade a mine on it and most of the equipment was on site?? yes?? After reading this, How do you feel? Arbitration a real possibility?? That is where the money is or so I was told? Thanks in advance Paul