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Gold/Mining/Energy : Canadian Diamond Play Cafi

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To: WillP who wrote (4776)11/22/2006 3:43:33 PM
From: Bloomfield  Read Replies (2) of 16205
 
Will,

That's true under the current pricing regime for diamonds, but in the event supply becomes tight over the next couple of years, the ability of MPV to finance their own share of construction costs, would have a major impact on the bottom line in MPV's favor.

And this scenario is not unrealistic. Look at how the markets for zinc, copper, gold, silver, lead, oil, and other mineral resources reversed direction with such breathtaking ease. Barring a recession, the same scenario could easily develop with diamonds.

Yours truly, B
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