To: 1st.mate who wrote (660 ) 1/20/1999 8:46:00 AM From: the Chief Read Replies (2) | Respond to of 1996
From the look of the trading pattern today we will see a no material news coming soon... It would appear that the insiders were looking for better news... Which insinates that insiders were selling, so I challenge that statement and ask what proof you have of this? Rock has told me that insiders have been NET buyers this month! I suspect that the IP is not ready, and the BC Government has not offered $20 million. The IP was finished last week! The extrapolation of the data and the production of the report is not finished! The BC Government is making public the information passed in Council. Parts of which appeared in the Vancouver Sun! You make this sound like things are "outrageously delayed"! You have been "predicting dates" on this thread, none of which the company has stated publicly they would meet!! My position from the start is that we would hear something by the end of January. Even if it is delayed to the middle of February, does that mean the company has "failed its investors"? Get a grip!If I continue to guess I will one day hit gold...odds are with me. Or you could stop guessing, and allow the company to post their timeline!! As it stands the company has said officially they hope for settlement by the end of the month! However, you are dealing with an opportunist government here, so if it is delayed further, would that be surprising?? Our destiny is guided by the BC Government at the moment, their restitiution process has been defined, now the "discreet and congenial" negotiation ENDS! If they decide to "dink us" around, we will see them in court....and I will relish every moment of it. If this were to occur, then obviously end of January, is not in the cards for the settlement, I don't care, I am invested in Rocks potential in both regards. I have read many geological reports, I love this one. I think the Coiron is an exceptional property! We are literally within weeks of having a comprehensive report of the anomaly that is on the property. We have majors interested in the property, we have theopportunity of a financial payment that could carry us thru to pre-production on this property. Lets stick to the facts, and not hypothetical winfall dates. I have found far to many mining companies fail to meet optimistic projections. They do this in the hope that they satisfy the investor who has become impatient. I don't agree with this strategy. The only mistake Rock has made is pre-presume that BC is going to settle ASAP. That is optimistic in the extreme...however, they are privy things we are not! I suggest we stick with the facts! the Chief