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

To: Bloomfield who wrote (4836)	11/26/2006 8:38:10 AM
From: james flannigan	Read Replies (2) \| Respond to of 16206

-B- putting GK on ice as you put it, I would welcome with open arms.That would clear the way for MPV to sell its 70% to the highest bidder.I don't think Debeers is so stupid enough to have spent a $100 million on GK to tender it free of charge their controlling portion to MPV who is then free to sell that percentage to the competition,if so PLEASE DEBEERS PUT IT ON ICE.Debeers is not in the investment banking business,they are diamond miners,in the diamond mining business,you need diamonds.In the investment banking business you don't need diamonds.I have yet to see Debeers sell its mines and open banking branches.Trying to scare investors into thinking that if Debeers were to put GK on ice,it would be a bad thing may work on some that do not understand the JV.But if it were to happen,I would be standing at the exit yelling FIRE and scooping up cheap stock just like I did when the project was delayed in 99.I could not be that lucky twice or could I? James

To: Bloomfield who wrote (4836)	11/26/2006 1:35:24 PM
From: The Fix	Read Replies (2) \| Respond to of 16206

Bloomfield, I can't but notice that you have the same writing style as Eric Charters a geologist from Timmons, Ont. Don't read me wrong, I love the debate Pro and Con on MPV. Keep it up Will P, Jim F and all. Never forget the fact that Salman is here to sell paper at higher levels. DeBeers thinking is that the safest place for the ice is in the ground as opposed to keeping it in vaults around the world. With the U.S., European and Asian economies slowing down, It makes sense for DeBeers to start dragging the feet on this project. Snap Lake is supplying all the Canadian Ice that DeBeers is currently marketing around the globe. Any thoughts anyone on the recent DSP volume in the past week. I just bought back in. fIXER