Canadian Diamond Play Cafi Message Board

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Gold/Mining/Energy : Canadian Diamond Play Cafi

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To: Chas. who wrote (4749)	11/21/2006 2:55:21 PM
From: james flannigan	Read Replies (1) of 16206

Chas maybe your koolaid is stronger than brits,"why would anyone want to buy MPV when they don't have marketing rights?Well the facts are that Franco Nevada bought a large position in ABER but Franco as an owner of ABZ did not get to market Franco's share of the owned proportion of the diamonds ,yet was happy to put multi millions of dollars in for investment purposes.Bottin is very happy to hold his 26% of MPV,he gets no marketing rights.Some other large company could finance MPV independent of Debeers for the construction of GK like Franco did with Aber,and yet get no marketing rights.Marketing rights are the icing on the cake, not the cake its self.And with that I will take your advise to brit and head out for a pint. James

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