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


To: Bloomfield who wrote (4757)11/21/2006 3:53:36 PM
From: Chas.  Read Replies (1) | Respond to of 16206
 
Well on top of that...if it is going to take 15 years to pay back their, MPV's, share of the billion dollar mine cost and all they get is then 3.6% of the 10% allowed after repayments it becomes even gloomier...eh



To: Bloomfield who wrote (4757)11/22/2006 9:42:15 AM
From: james flannigan  Respond to of 16206
 
-B- Warren Buffett will only buy a business if he gets no control over it and management in it keeps control of all of it.not saying he would buy MPV,but he thinks he is in good shape if management runs the business for him.While Debeers is as a partner akin to watching paint dry.One could hardly ask for a better manager.I sleep well knowing the worlds expert diamond miner is watching over my investment for me.Most investors can't understand that statement let alone see the advantage in it.That said Debeers is like watching snails race. James