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Gold/Mining/Energy : Canadian Diamond Play Cafi -- Ignore unavailable to you. Want to Upgrade?

To: Famularo who wrote (495)	1/18/2003 5:49:11 PM
From: Rocket Red	Read Replies (1) \| Respond to of 16206

Ya its too bad Canadians give everything away for nothing Market wants the modeled numbers! We should see a spike before news comes out

To: Famularo who wrote (495)	1/19/2003 3:44:46 PM
From: E. Charters	Read Replies (1) \| Respond to of 16206

When a major controls the play and the company in effect the play has ended at least for a while. MPV's value lies in what earnings participation they can have way down the road. How far and how much is a thorny question. Usually major producer's deals don't allow much and usually lead to lawsuits when payments are not made according to what people think was coming to them. I don't believe Noranda has ever paid a net profits royalty in its history. This factor has to weigh on the minds of the more knowledgeable investor. It is easy to get earn in deals, hard to get carried and harder still to control the other guys accounting or forensically account it. Bottom line is MPV will have to use lawyers to get their money. EC<:-}