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Gold/Mining/Energy : Conquistador Mines Ltd. (CMG-V)
CMG 34.52+1.4%Nov 28 4:00 PM EST

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To: tango who wrote (1244)11/23/1999 7:52:00 PM
From: .Trev  Read Replies (2) of 1419
 
I understand marmato may be the subject of another agreement, which is still being discussed. As we have seen Anglo or parent DeBeers doesn't make rushed decisions but rather takes their time to do things thoroughly, and carefully at their own speed. I guess when you achieve world dominance you can afford to let other people wait for your approval.

Having watched them closely on another joint venture in the Canadian Diamond game I have nothing but respect for them. As a believer also in Marmato I expect them to move on feasibility when they're ready. The properties in the Area of Interest are basically CMG's alone so that was quicker and simpler to deal with. Marmato already has a Colombian partner which make it a little more complex. Hope that helps.

Cheers
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