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Gold/Mining/Energy : Canadian Diamond Play Cafi

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To: james flannigan who wrote (2586)3/7/2005 8:52:47 AM
From: james flannigan  Read Replies (1) of 16203
 
BIG bids building on MPV this morning.Maybe the rest of the world is getting the picture that Debeers is going to move on KL soon, as the world has less than $1 billion in stock pile of rough.Remember they stated three weeks ago they plan to spend $2.5 billion on mines in Canada.I would not think they have much time to fool around with KL as the longer they wait,the longer permitting,the higher MPV stock price,the more shortage in supply,the longer the mine construction not to mention the rise in costs,the longer the mine opening.All MPV ducks are a row.IMO the long wait is soon to be over. James
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