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Gold/Mining/Energy : REX DIAMOND MINING TSE:RXD -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Oil who wrote (2274)	1/17/2000 9:43:00 AM
From: average joe	Read Replies (2) \| Respond to of 2522

I agree, this is my last comment... WHAT DEAL! The only deal is this, INCO paid several billion dollars for a nickel deposit in a remote place. According to the letter of the law, they don't have to develop it, and if they do develop it they can develop how they see fit, within the parameter of good industry practices. To force someone to run a business at a loss is criminal. They operate by the same Mines Act you or I would if we staked a claim in Newfoundland or Labrador. INCO's only obligation is to shareholders. The only obligation to the ground is to keep it in good standing and I understand enough assessment is in place to cover that to the year 2100. INCO is a good corporate citizen. I've seen Tobinesque deal makers. He will huff and puff and in the end do a far worse deal than might have been done if he had been reasonable. INCO learned a valuable lesson in negotiating from Friedland that won't be lost on Tobin, and Tobin is no Friedland. average joe