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Gold/Mining/Energy : MPVIF Mountain Province Mining

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To: Rocket Red who wrote (2340)9/4/2002 8:58:14 AM
From: Letmebe Frank  Read Replies (1) of 2577
 
Hello Red, James, etc.
This is good news indeed!

Any idea of what a fair market cap for this stage would be? MPV has 44 mill shrs out, and 30% of the production. On their web site, they have a fact sheet. In it it says:

“De Beers is clearly unwilling to allow the $3 billion
worth of MPVI diamonds to remain in the ground. We
reiterate our BUY rating and $1.07 price target.”
Gilford Securities Inc. N.Y Brokerage firm, January 11,2002

mountainprovince.com

So whats the new target going to be?
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