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To: Enigma who wrote (96528)12/2/2003 8:35:43 AM
From: Kip518  Read Replies (1) | Respond to of 116814
 
Any case which is to be heard goes to the discovery phase. It's the verdict which counts

In a case that is unlikely to go to a verdict (i.e. it will ultimately be settled)discovery is the most important aspect of the case. Here the plaintiffs get the dirt and possible exposure of bad deeds (including the possibility of criminal action) that are likely to do more damage than just a verdict. IMO, Blanchard's case was never really about recovering damages but it is an attempt to halt Barrick's nefarious market practices. Barrick has a lot to fear from discovery (as do their co-malfactors) but the damage to Barrick and Munk from this suit has already begun.



To: Enigma who wrote (96528)12/2/2003 11:33:36 AM
From: IngotWeTrust  Read Replies (1) | Respond to of 116814
 
It is discovery phase where the plea bargaining begins, which provides a rubberstamped verdict. Too bad you are canuckian or else you'd know more about the way the REAL world--Barrick's pension funded world in which you live and breathe--operates.

What are you going to do when Barrick gets bought out, just like Ashanti has been, even tho' it took approx 10 years to do it?



To: Enigma who wrote (96528)12/2/2003 8:08:06 PM
From: marek_wojna  Respond to of 116814
 
Sure ABX is fearing something really bad coming. At least that was my impression watching their interview on TV. Not a word about Blanchard, just please, please buy our shares. There is not even close comparison between Barrick and Ashanti, settlement out of court might cause same implications as the trial itself.