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Gold/Mining/Energy : Canadian Diamond Play Cafi

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To: Taylor Mill who wrote (2151)11/16/2004 7:29:16 PM
From: Famularo  Read Replies (1) of 16213
 
Sigh... If I only knew.... Diamond exploration stocks are in coma. Advanced projects like MPY, should be trading higher in price and volume. There just isn't much interest at the moment. IMO, it will be a sling shot effect, and there will be speculators who will jump on the train, when it's moving. Mountain, will have a mine but I suspect the priorities are as follows for Debeers..... 1. Snap Lake 2. Victor 3. Mountain. As you know, Debeers is spending a fair amount of dollars on Mpv, so it is very unlikely it's write off the project. Question is timing... A reason I like Ashton is its in bed with Rio and Rio wants to keep up with Debeers. The only advanced play Rio has control of(58% owns Ashton) is Ashton. Again, no interest at the moment......frank
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