MPVIF Mountain Province Mining Message Board

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Gold/Mining/Energy : MPVIF Mountain Province Mining

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To: GuitarMan who wrote (704)	4/8/1998 8:16:00 AM
From: Larry G.	Read Replies (2) of 2577

MPV at 50% discount. Has anyone noticed that Glenmore Highland Inc. (GMH) owns 17,000,000 shares of MPV.. At $5.30, that is about $90,000,000.00 of Mountain Province. Glenmore has 23,000,000.shares outstanding. GMH is trading at $1.90. Check my math but it looks to me that you can buy $4.00 of Mountain Province for $1.90, if you buy a share of GMH. Glenmore does not have any financial obligations in MPV. There going for a free ride. I believe that GMH does not have any debt. GMH also has $1.5 million in the bank and a play diamond gold play in Finland as a bonus. Comments appreciated.

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