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Gold/Mining/Energy : ABER RESOURCES -- Ignore unavailable to you. Want to Upgrade?

To: I_C_Deadpeople who wrote (1029)	3/15/1999 6:09:00 PM
From: Gord Bolton	Respond to of 2006

This would not be the first time that Aber lost % in Snap for not putting up the cash.

To: I_C_Deadpeople who wrote (1029)	3/15/1999 6:57:00 PM
From: teevee	Read Replies (1) \| Respond to of 2006

Eric, It's just business....When you wear a claymore, from time to time you have to be prepared to start swinging....anything less is viewed as weakness and capitulation....I'm sure RT would not have done this without wise council first...besides....there is the "letter" of the agreement as well as the "spirit" of the agreement. ABZ must have clearly breached both to elicit the response they did from WSP. If the deadline for responding in writing is clearly subject to the usual "time is of the essence" clause, ABZ is f#@ked. Various so called smart Eastern Canadian Bay Street money is holding the Aber bag. With all the holes in it, and at the rate its leaking, it appears to me they will soon be holding an empty bag. Snap Lake was the ABZ "emergency parachute".....and now they might not even have that....a switch to WSP is the obvious response here. When certain NL writers and analysts were suggesting a short time ago that ABZ was a safe way to play Snap Lake, my gut reaction was to do exactly the opposite. regards, teevee