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Gold/Mining/Energy : Gold Price Monitor
GDXJ 114.87+3.6%Dec 11 4:00 PM EST

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To: Enigma who wrote (96528)12/2/2003 8:35:43 AM
From: Kip518  Read Replies (1) of 116814
 
Any case which is to be heard goes to the discovery phase. It's the verdict which counts

In a case that is unlikely to go to a verdict (i.e. it will ultimately be settled)discovery is the most important aspect of the case. Here the plaintiffs get the dirt and possible exposure of bad deeds (including the possibility of criminal action) that are likely to do more damage than just a verdict. IMO, Blanchard's case was never really about recovering damages but it is an attempt to halt Barrick's nefarious market practices. Barrick has a lot to fear from discovery (as do their co-malfactors) but the damage to Barrick and Munk from this suit has already begun.
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