News Focus
News Focus
icon url

Quer

09/07/12 8:16 PM

#10230 RE: newgold #10229

MSX can send them what ever they want, until it actually means some thing why would they reply? Simply put this is their sandbox and until MSX, shows the world they have right to play in it then the why waste the time, the ignore button is on, can you understand that or do you still want ABX to reply to a bother, to reply would give credibility to msx phone or email abx and ask for their stance on this and you will get the standard response, everything is a go at Pascua Lama, P.S. I own Msx not Abx You sir or miss remind me of a dog chasing its tail,with that good to see you have invested in this DOG
icon url

ADubiousCharacter

09/07/12 10:09 PM

#10240 RE: newgold #10229

It's sound strategy, IMO, that keeps ABX from confronting MSX.

I'm not saying it's just, or right, or moral or anything like that. Just sound strategy.

There are only two possibilities about ABX's ownership of the mineral rights to Pascua Lama.

1) They have the necessary rights
2) They don't

If they do have the rights, they have nothing to worry about from JL or MSX. The media has ignored the claims. Investors haven't bought in. When the court challenges come, they would win... so why spend extra money and bring extra attention to the issue.

If they don't have the necessary rights, they'd be better off behaving as if they do, for very similar reasons. The media has ignored the claims so far. Why draw attention to the story by engaging in the debate?

Investors are not currently assigning much value to JL/MSX's claims. If ABX were to vigorously defend itself, there's a chance that more investors look at the claims as credible, and may want a piece of the action.

And, of course, if they press a court challenge to JL/MSX's claims, and they don't actually have the rights, it may hasten discovery of their fraud.

As is, they've convinced the the Chilean government and the world that they can continue to develop Pascua Lama. The status quo works pretty well for them, either way. The lack of a giant foot coming down on MSX doesn't necessarily mean that MSX could slay the giant - it just means that the giant doesn't have a good reason to enter the fight today.
icon url

*Hutch*

09/08/12 2:46 AM

#10256 RE: newgold #10229

Calm down Newgold. We have told you a thousand times that Barrick can't sue MSX or JL for stating that Barrick doesn't have title because they don't have title. We all know that. When are you going to let this go.

You are absolutely correct when you say BECAUSE THEY DONT OWN IT. They don't own it. Why do you keep screaming that at us?

If the fact that Barrick doesn't have title means that JL does, then the fact that Goldcorp doesn't have title must mean I do.

PM me for private placement details.