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Gold/Mining/Energy : MIRANDOR-MIQ ON MONTREAL

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To: Mike Paulin who wrote (2237)10/29/1998 5:56:00 PM
From: jocko  Read Replies (2) of 2635
 
Hi Mike & Thanks Ron.....This might be a confession of ignorance.....I do not pretend to understand all that is going on but at the risk of thinking out loud:

(1) It is a reasonable assumption that the MIQ/Kinross venture will produce a shallow, low cost mine.

(2) The name of the game seems to be JV, JV, takeover, takeover, buyout, buyout.

For some strange reason, it seems like after "someone" finds more than a sixpac of Gold etc, that "ownership" ends up in the hands of a "Major"..... That's what makes them a major.....

I just have a feeling that JS (for one) can "play" in the big league.....and the patient shareholder can, MAYBE, end up owning a brand new pick-up truck :-)]]]]]

Good Luck to all
j
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