Canadian Diamond Play Cafi Message Board

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Gold/Mining/Energy : Canadian Diamond Play Cafi

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To: Bloomfield who wrote (4836)	11/26/2006 8:38:10 AM
From: james flannigan	Read Replies (2) of 16206

-B- putting GK on ice as you put it, I would welcome with open arms.That would clear the way for MPV to sell its 70% to the highest bidder.I don't think Debeers is so stupid enough to have spent a $100 million on GK to tender it free of charge their controlling portion to MPV who is then free to sell that percentage to the competition,if so PLEASE DEBEERS PUT IT ON ICE.Debeers is not in the investment banking business,they are diamond miners,in the diamond mining business,you need diamonds.In the investment banking business you don't need diamonds.I have yet to see Debeers sell its mines and open banking branches.Trying to scare investors into thinking that if Debeers were to put GK on ice,it would be a bad thing may work on some that do not understand the JV.But if it were to happen,I would be standing at the exit yelling FIRE and scooping up cheap stock just like I did when the project was delayed in 99.I could not be that lucky twice or could I? James

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