Steven, I think the company is EXACTLY where Mr. Walsh expected it
to be by this time, complete w/current dispute, etc.
Here are a just a FEW FACTS to support my position statement:
1) John Felderhoff is the "father of Bre-X," NOT D.Walsh!
It is Felderhoff who "found" the properties,
over 9 years ago,
picked them out before anyone
but Barrick basically knew what Indonesia contained,
and selected the best 4 properties.
Felderhoff picked the company structure and the mgmt personnel.
If Felderhoff can live w/D Walsh, I sure as hell can!
2) If this "dispute" has been brewing for 2 months,
one has to look at the ADVANTAGEOUS ENTRY/HIRING of JP MORGAN
to do the negotiation phase which was pre-announced eons ago
as taking place during the fall of 96.
JP Morgan is everything in this equation.
BXM pulled them in DURING THE TIME FRAME of this dispute.
JP Morgan walked in, eyes open.
JP Morgan's job is to get this deal signed sealed and delivered.
JP Morgan's not daunted by political squabbles....we aren't talking
about the local independent state bank here, folks!
JP Morgan can negotiate effectively, effeciently, and to the benefit
of all shareholders, of whom you can bet yer bippie, they are a sizeable beneficiary of stock options!
This is a slam dunk buying opportunity.
If all the nervous nellies would just look at a chart, we are trading
currently within the last 4 months trading range of C$19.00 - 28.00
What is new here?
N-O-T-H-I-N-G!!!!!!!!
We just now,
GLOBALLY
know
the fly in the ointment's name.
Selah |
