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Gold/Mining/Energy : Inco-Voisey Bay Nickel [ T.N.V]
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To: Winer who wrote (164)2/5/1998 8:22:00 PM
From: Terence Mitchell   of 1615
 
Hi Winer,

Tobin is repeating what Trudeau, Lalonde et al did to the west, their
immature, unrealistic projections about the future value of oil and the barrels of revenue to governments (stupidly called the National Energy Policy as opposed to tax rip off) cast Canada into years of economic chaos.

Mr Tobin should not be so sure about his mega nickel project, the way things are going suggest to me that he is heading for a major disaster taking a major Canadian corporation with him. If he succeeds in doing that, then all Newfoundland residents and Innu may as well give up on any future developments in the mineral sector.

Policies and negotiations have to be flexible, you cannot push your "percieved" advantage to the disadvantage of the other partner, you can negotiate yourself into holding nothing. Tobin needs to demonstrate wisdom and leadership, not bull headedness.

regards, Terence Mitchell
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