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

To: debvan who wrote (4835)	11/26/2006 1:09:02 AM
From: Bloomfield	Read Replies (2) \| Respond to of 16206

DebVan, I think MPV management is playing with fire. If everything works out no one is going to care, and Patrick Evans will be a hero. If things don't work out, and GK gets put on ice, some investors may not be so understanding. Disgruntled shareholders may then say they were misled into believing this was a sure thing. I don't need to tell you that US juries don't seem to have any problem awarding large cash settlements. It doesn't matter to me, since I'm not an MPV investor. But if I was in Patrick Evans shoes, I would definitely make sure I had a clear exit if things ended up going south. Sometimes having a great expensive lawyer isn't good enough. Some juries don't like expensive lawyers. The best way to stay out of trouble is to not put yourself in a vulnerable position in the first place. MPV management needs to ratchet down investor expectations to a more realistic level, or run the risk of potential trouble somewhere down the road. It's like having insurance. What's the odds of having the house burn down or robbed? You might figure, it probably won't happen, so you don't need any insurance. And maybe nothing does happen. But if the worst does happen and you're not covered, it's tough luck for you. In the interests of their own self-preservation, if for no other reason, management should get themselves some insurance. Have a good night. Yours truly, B