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Gold/Mining/Energy : MPVIF Mountain Province Mining
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To: mick who wrote (1714)6/4/1999 3:33:00 PM
From: james flannigan  Read Replies (2) of 2577
 
Mick,at this point it is only a speculation,but this is a possible outcome, The figure i had heard would be about C$ 15.I do not like to spread rumors, but this is a real possibilty given the fact that DeBeers has just bought out a JR partner in South Africa.As to a time frame I can onlt speculate that some exploration upside must be left on the table for DBs. If this is the case that would mean the time frame should be soon after DBs has fully gained its full intrest in the deposit and after the grades and valuations are confirmed by the bulks in the next two weeks. This would be the best window for the benifit of DBs before all the future pipes are found.Buy the way the first source i heard this from has placed over C$250,000 in MPV stock based on his knowledge of DeBeers.
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