Canadian Diamond Play Cafi Message Board

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Gold/Mining/Energy : Canadian Diamond Play Cafi

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To: VAUGHN who wrote (2473)	2/10/2005 8:37:01 AM
From: james flannigan	Read Replies (2) of 16213

Debeers MPV buy out in the bag.Debeers SA has made a public statement they intend to be mining $US 1 billion out of their Canadian mines and named Kennady Lake as part of this goal.They expect this revenue will come from three mines,Snap,Victor,and Kennady Lake.In order for them to book this revenue,they would have to control all 100% of KL.This is good news for MPV shareholders.Also in their statement they said that the FS at KL is almost complete.ARBs will now buy the stock as it is now less risky. James

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