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


To: Zardoz who wrote (724)1/27/1999 11:15:00 AM
From: the Chief  Read Replies (1) | Respond to of 1996
 
To ALL ********************IMPORTANT****************************
This is an excerpt from the ministers News Release. The remainder of the release deals with the "kinder gentler BC Gov.

MINISTRY OF ENERGY AND MINES AND MINISTRY RESPONSIBLE FOR NORTHERN DEVELOPMENT
FOR IMMEDIATE RELEASE 004 JAN 26, 1999

Miller Announces Plans TO Boost Mining Industry

VANCOUVER- A clear process for determining faircompensation when mineral tenures are expropriated for parks is now established under a new mineral compensation regulation, introduced to support the Mining Rights Amendment Act, Dan Miller, Minister of Energy and Mines said today.

" Certainty of tenure will secure investor confidence in the mineral exploration industry in BC", Miller told the annual Cordilleran Roundup, the major mineral-industry conferences in Western Canada. "The regulation provides for reasonable and timely process to help industry and government determine fair compensation" he said.
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Congratulations to those RKR shareholders that held on thick or thin. We are to be the first to sit down with the BC Gov representatives. Expectations are that it will happen within a week!

Everybody keep there fingers crossed, because quite honestly (IMHO) if we receive full compensation, this will be a 5 bagger overnight!!!

Disclaimer
Do your own DD, don't believe everything you read on SI. This is the authors impression of events to come and by no means is a solicitation to buy or sell a security!!!

the Chief