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Gold/Mining/Energy : CFV - Camphor Ventures
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To: .Trev who wrote (348)9/9/1999 1:47:00 PM
From: Market Watcher  Read Replies (1) of 407
 
.Trev, I think you've been misinformed. From all of the information that I have gathered (and I've spent a considerable amount of time investigating) indicates that for several months Camphor has been prepared to sell its interest to / merge with MPV. If MPV had given the nod, a valuation would have to be done on CFV's interest to determine the consideration to be received. It wasn't a matter of CFV management wanting too much. Apparently (you may not like this because you seem to be a supporter of Glenmore) Glenmore may have been somewhat to blame, as their approach was "What's in it for us" -- ie their input was forget the CFV/MPV merger. I'd like to know where you got your side of the story from.

In any respect (above is water under the bridge), I'm happy with CFV managment's recent moves.
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