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Gold/Mining/Energy : Canadian Diamond Play Cafi

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To: james flannigan who wrote (4756)11/21/2006 3:24:52 PM
From: Bloomfield  Read Replies (2) of 16206
 
Guys,

We're just pissing in the wind here.

De Beers now owns 51% of the GK project, a controlling interest. When the feasibility study is complete this will increase to 55%.

mountainprovince.com

Any prospective buyer for MPV would need to accept the fact that they have absolutely no control over the project.

Who would be willing to pay top dollar and buy into a situation like that?

-B-
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