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Gold/Mining/Energy : Manhattan Minerals (MAN.T)

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To: donald martin who wrote (2878)7/6/1999 3:47:00 PM
From: Claude Cormier  Read Replies (1) of 4504
 
<<In fact, with MAN at C$7ish right now, how does it differ much from
coin toss?>>

Hi Donald...

Well in the short term ... you may be right even if I think that the odds of better grades on the sulphides in the center of the pipe are higher than 50%.

But in the long term ...the quality of management makes the difference.

MAN's people have been working to make the deal on Tambo Grande/Lancones/Papayo for 5 years. They work hard despite a lot of frustration along the process. They did so because they believed in the project and knew of the immense potential. They are there now because they were succesful in closing strategic financings over the years which help maintain their credibility in front of the Peruvian governements. They gathered a large audience because the project deserves a large audience.

MAN is much more than Tg-1 or Tg-3... Theyy have a lot more targets to drill anywone of them can be a 100M tons deposit of 3% copper.

<<this is why I chafe at arguments about good management/bad
management>>

So whatever are the odds on TG-3 and whatever is the outcome, in the end, good management makes the difference.
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