Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Royal International Venture RIL.V (was Labrador Int'l LAB) -- Ignore unavailable to you. Want to Upgrade?

To: Tommy D who wrote (3122)	1/24/1999 3:05:00 PM
From: Rocket Red	Read Replies (1) \| Respond to of 3380

Tommy D This is why the vse is where it is today because of people like we have here in Lab.Its no Wonder most Companys will not survive this down fall on the Vse.Its no wonder they have to Change the name of Lab and its the way to set up another scam and to milk some new investors.

To: Tommy D who wrote (3122)	1/24/1999 4:19:00 PM
From: 1king	Respond to of 3380

TD, Very well put, but I think Crone is only responsible for survey costs and physical damages. A case could be made for the cost of drilling etc. but the new data would have to be compared to the old if they choose to proceed in that direction. I am very surprised there has not been some sort of investigation. Not because the VSE wants it, but because shareholders were promised "ovoids". The press releases are fairly inert and actually this one indicates qualitative Bre-X style promotion by analysts. Message 6499708 However most of the quantitative info was given out over the phone by the LAB IR guy. Info such as "very similar to the ovoid" and "between 300m and 400m deep". I think it is also important to note that potential problems with the data were pointed out several times on this thread: "The EM is pretty discordant with surface geology and very closely related to the line orientation. I don't like that but I am sure this has been QC'd and is OK This is peculiar because this is virtually a single line anomaly. The EM plot is totally fuhucked .... It was either plotted this way out of complete deference of convention or to enhance an otherwise subtle anomaly...... Poor EM plot and still confusing gravity data.... If indeed real... The point of professional geotechnical staff is more quality control than interpretation, to that end in a LAB release they say "The Company's geologists and geophysicist have been evaluating all available information and have highlighted the following: " Thus the professional staff were in place and therefore responsible for the data and this program. The program was anomalous indeed, stopping a short hole halfway to target depth to probe it, indicates that there was something "weird". Just my thoughts please let me know if you get a response. Thanks 1King

To: Tommy D who wrote (3122)	1/24/1999 4:41:00 PM
From: Stew	Respond to of 3380

Tommy: I, too, will be very interested to know what, if any, response you get. This needs to be pursued!

To: Tommy D who wrote (3122)	1/24/1999 6:02:00 PM
From: The Osprey	Read Replies (1) \| Respond to of 3380

I will be very interested to see: 1) that they respond and 2) the language that is used if they respond. You have my support Tommy.Keep us up to date..... Osprey

To: Tommy D who wrote (3122)	1/24/1999 9:51:00 PM
From: Cal Coish	Read Replies (1) \| Respond to of 3380

Is anyone else concerned about this proposed rollback? This seems like a blatant disregard for shareholders. (What else is new?) After the Concerned Shareholders Group got involved last year, the company announced that the rollback would not proceed. Isn't this proposed rollback illegal? Seems to me another vote should be required of shareholders, since the status of the company has changed, especially since the recent issuance of a zillion options to insiders. The only ones who ever benefit from a rollback are insiders, while regular shareholders get the Royal(International Ventures) shaft. B. C. Securities Commission, where are you? Comments anyone?