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Gold/Mining/Energy : MPVIF Mountain Province Mining -- Ignore unavailable to you. Want to Upgrade?


To: marcos who wrote (938)6/12/1998 8:14:00 PM
From: Larry G.  Read Replies (1) | Respond to of 2577
 
Did not Jan W. Vandersande, President and Director work for the DeBeers for many years. Does that not give MPV an advantage in dealing with the DeBeers?



To: marcos who wrote (938)6/12/1998 9:33:00 PM
From: Gabriela Neri  Respond to of 2577
 
Marcos,

You mention KRY. Anybody who was playing in KRY knew the risks well in advance. They were playing at their own risk, as the situation was well documented by both short sellers and promotors. Anyone who was not an expert in how judicial decisions are made in third world countries and who were not connected politicalkly in Venezuela should not have been playing the stock. I know the game there and I know the politics, and I wouldnt touch it, long or short because I could not handicap it well enough. My gut told me it was bogus, but who cares. Playing that deal was not playing a resource stock, it was playing with political and legal(slight to no differentiation in Venezuela) maneuvering. Therefore, Canadian resource stocks should not suffer any blemish from the KRY ridiculousness. Investors were well fore warned by many, many sources of the risks.

As to your suggestion, please bring the marshmellows.
I wish I were a seer, but I am not. I am just good at value identification. However, I must admit that I am quite partial to the POG. For some reason I cant quite yet fully articulate, I think this decline in gold, which may be painful, is a great opportunity to scoop it up.