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Gold/Mining/Energy : MPVIF Mountain Province Mining
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To: Rocket Red who wrote (2352)9/4/2002 9:43:50 AM
From: james flannigan  Read Replies (2) of 2577
 
Stock price? target? The fact that debeers drilled into the the lowest grade section of the pipe and recoverd all those big stones and 56% more stones overall than 1999 means they have shot themselves in the foot. Now the pipe could prove to be richer than Snap lake in terms of value and grade.What the future stock price will be is anybodys guess.It is clear a mine will now be developed.I would expect a Debeers take over is not if,but when?IMO they will move quickely before more data drives the stock price higher.
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