Gee wizz there, Red! Can't you just learn how to post a link? At least to your previous post even? If you need attention, you got mine. Aren't you taking your hype of MPV a bit too far? Remember JK's last tout, KRT!
My previous references to ABZ and their share price fluctuations and trying to relate them to MPV's future stock price was with purpose. I think the best time to buy MPV shares are about 2 years before production starts, as was the case with ABZ. ( finance.yahoo.com ). And that may be more than 3 years from now. DeBeers is in no rush to make a production decision.
When the capital required may exceed $300,000,000, you take the time to make sure the mining plan is optimized. And it's the best place to invest your dollar. Heck, Snap Lake may be in production before Kennady Lake!
There are the numerous hurdles you have to get through that chew up years - native claims, environmental audits, planning; MPV may get some more upside from upcoming results, but in time of no news, international disasters, and who knows what, we will see weakness in MPV, as times past have shown us. A lot of great plays go through times of oversold stock prices, and that's when you should buy them. Good luck.. theres upside coming, but don't give a profit back to the market. Sudhir Kahuna taught me that.
PS1 Red, Keep your eye on PLY. Elizabeth is making inuendos over there. May make for a good candidate for your next promotional campain. But get in now, at say 0.14, not at .30 as I did.
PS2 My thought is that Debeers won't buy out MPV soon. It may take 2 years. DeBeers will wear you shareholders down till they steal your shares in a buyout at fractions of what you think fair market value is. |
