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Gold/Mining/Energy : MPVIF Mountain Province Mining

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To: Rocket Red who wrote (2335)8/31/2002 10:45:02 AM
From: james flannigan  Read Replies (1) of 2577
 
Red. I have been watching MPV from 1996.As we both know of the 5000 kimberlites world wide only 20 became diamond mines.Diamonds are truely rare.I do remember with Aber that for the first samples the data suggested that the deposit was uneconomic.As more work was done it became clear that the find was one of the richest on the planet.I think KL will prove to be a very robuts mine in the running with Ekati.Debeers Knew that the project was a mine otherwise they would have bailed out long ago.It is stil by view that a friendly take over of MPV is in the near future just as I thought DBRs would own Snap long before RT was even thinking that he would be selling his baby. Have a great day James.
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