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 : ABER RESOURCES -- Ignore unavailable to you. Want to Upgrade?

To: Gord Bolton who wrote (1078)	3/18/1999 9:23:00 PM
From: I_C_Deadpeople	Read Replies (2) \| Respond to of 2006

I spoke to Aber today...although they cannot get into minute details of the dispute on the advise of counsel, I was told this : This is NOT a dispute about Aber not paying a bill, they have $120,000,000 in cash and have never not paid a debt owing. The dispute IS about whether WSP was notified that Aber was participating in the program...From Aber's standpoint, the following has occurred over the past few years - the JV has a meeting to approve the exploration program. At this meeting Aber tells WSP whether or not they are participating ( this year they told them they were participating ). Winspear, as the operator, HAS TO BILL Aber for it's share of the costs, it has not done so this year. Therefore, no bill, no money owing to WSP.