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

To: The Fix who wrote (17336)	4/1/1999 8:21:00 PM
From: Rocket Red	Read Replies (2) \| Respond to of 26850

Fix What are they going to Dance Too??? I take it the Franco Boys will be there??????????

To: The Fix who wrote (17336)	4/1/1999 8:25:00 PM
From: teevee	Read Replies (2) \| Respond to of 26850

Fixer, Having a chance to read the Aber release and digest it......not one mention of any clause in the agreement(not good for Aber); they mentioned the $50 million offer....that was IMO, just a weakly veiled attempt to limit the upside liability in any future class action shareholder suite brought against Aber's board of director's and management for breach of fiduciary duty and responsibility to shareholders..... the limit of their liability insurance probably won't come close to what the lost 16% in Snap Lake might really be worth.......from my past experience in the mineral exploration industry and the oil patch....if you miss a deadline to put up funds as called for in an agreement....you are "toast"...no exceptions...there is recent case law dealing with this going back at least 40 years..."talk is cheap-it takes money to buy whiskey" and Aber didn't send over a cheque.........we all have to remember that Aber is paying their lawyer to holler as loud as he can....but I believe it will be to no avail...... regards, teevee