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Gold/Mining/Energy : MPVIF Mountain Province Mining
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To: Rocket Red who wrote (862)5/29/1998 8:53:00 AM
From: Al Krasberg  Read Replies (1) of 2577
 
Red-
I agree. DeBeers sees this is a winner, and I expect to see a formal bulk sample announcement (probably for Hearne) in 6-8 weeks.
But I don't think MOST people will see MPV as a winner until the valuations come out, for the reasons given in my post.

Hearne grade might give us a bit of a kick, but I still feel this won't fly until we get the $/ton valuations.

Incidentally, the 5034 valuation was about $55/carat (not $82), with a bit over 1.5 carats/ton.
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