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Gold/Mining/Energy : MPVIF Mountain Province Mining

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To: skelly who wrote (1448)11/13/1998 5:55:00 PM
From: .Trev  Read Replies (1) of 2577
 
Rather not comment on CFV I'm not prejudiced just opinionated. These guys are into Casino promotion and I'm a dedicated anti on that subject. They totally screwed up a lot of planning when they wouldn't join the party with their 10% which should have gone to GMH anyway.

AS you probably know there are lots of things going on with the whole Lytton group. Control of GMH has left LTL and LTL's remaining 16% IMHO can be expected to do the same. Monday's Lytton meeting may clear the air a bit or it may not. We're due for a LTL/NDR/GMH news release B4 the meeting and fast running out of time.

MPV creeping back on small vol doesn't bother me at all, it's just a prudent mopping up operation by smart money IMO. GMH never has maintained it's proper ratio to MPV, presumably because the MPV shares can be sold and the money diverted to other long term use.
Howecer 17 million shares is still a very good asset for an independent GMH to have in it's treasury. Hope that helps

P.S. I'd be quite happy to put cfv and G. Clark in a coracle and tow them a few miles out in the Pacific. Gambling to raise taxes is the pits IMO.
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