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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?


To: Gord Bolton who wrote (18608)4/27/1999 12:27:00 PM
From: maintenance  Read Replies (1) | Respond to of 26850
 
Hi Gord.

Get yourself a book on intro to contracts. It is clear you have no concept of the application of contract law. Your posts on other topics are great but your missing this one entirely. Any part of a contract may be judged independently of the rest of the contract. It really is not simple. A clause must first be determined to be at the crux of the contract or a rather insignificant part. Further a court will decide interpretation of the contract, in fact, even if specific legal terms are used, the court does not always take the position that that was the intended meaning. A perfect example is exemption clauses. Have you ever read exemption clauses on a ticket. They are usually in tiny writing, in light ink, on the back, and usually without effect. Prior practice would certainly be persuasive regardless of written terms. On the other hand waiving a requirement once does not imply it will be waived in the future. It would appear as though if Winspear's claim is true, they could prove it but simply submitting signed documents. That could prove that there was no informal practice.

Cheers



To: Gord Bolton who wrote (18608)4/27/1999 12:34:00 PM
From: average joe  Read Replies (1) | Respond to of 26850
 
The operator cannot force the other JV partners to participate
in a program. They also cannot dilute the partner unless there
is no good technical reason on why the JV partner rejected the
program put forward by the operator in the first place. My bets
are on ABZ, so you better report me to SI!!!

aj