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Gold/Mining/Energy : Canadian Diamond Play Cafi

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To: WillP who wrote (1577)11/12/2003 9:58:52 AM
From: Chas.  Read Replies (1) of 16206
 
great post Will, thanks for that analysis.

IMO the smartest MPV move in 8 years was VanDersande just recently getting DeBeers to agree to a study to evaluate the study of the possibility of a feasibility study, brilliant move and piece of PR and it shows in the stock price.........

IMO MPV could most likely be a producing diamond mine of average economics, however, DeBeers, IMO, sees the lower tonnage involved and something about Diamond value that they are not talking about as reason to postpone moving ahead with Kennady Lake..........

I suspect Victor and Snap Lake are their top priorities and will remain so for awhile.

There is not sufficent motivation to move DeBeers off a holding pattern..........

as you say ...Time will tell.

thanks for your post...

regards
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