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Gold/Mining/Energy : MPVIF Mountain Province Mining -- Ignore unavailable to you. Want to Upgrade?


To: Domenic Caputo who wrote (1757)6/8/1999 7:20:00 AM
From: Al Krasberg  Read Replies (3) | Respond to of 2577
 
Dom -
Who would want to bid higher? DeBeers will be in the catbird seat with 60%. Anybody bidding knows DeBeers will control production, especially when production starts.
Of course, any DeBeers bid will be subject to a Canadian fairness review, but this in turn will be looking at hefty share-price discounts for companies who are MUCH closer to production.