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Gold/Mining/Energy : Canadian Diamond Play Cafi
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To: james flannigan who wrote (2525)2/23/2005 2:13:17 PM
From: james flannigan  Read Replies (1) of 16206
 
Another point from MPV. Jan said he expects that the stock could move up because the stock will be viewed as undervalued as investors begin to look at MPV as a "mine" with good cashflow rather than an exploration company.I asked if he thinks Debeers will move to permitting KL after the FS.He said Debeers needs the diamonds and will put KL into production.He also said like (Aber) did after its FS the stock climbed when investors started to work the numbers and higher targets were put on the stock as the permitting phase progressed.He thinks MPV will do the same.IMO the fire works are about to start.Of note Jan said we could see a production go by Debeers as early as MAY thats the next board meeting for Debeers. James
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