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Gold/Mining/Energy : MPVIF Mountain Province Mining

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To: wenderson who wrote (1065)7/21/1998 10:58:00 PM
From: skelly  Read Replies (2) of 2577
 
To wenderson Yanni and ALL:
Georges posts today on this thread says it all IMHO. I could not have expressed my thought any better.
The TSE listing will simply give mpv more credibility as many fund managers will not be involved with a vse company. once mpv trades on the tse there will be more fund buyers.
The fact that wsp can gain 100% in value without a pipe tells me that what mpv has todate is far more valuable that what the share price reflects. Volumes are small and the wise investor (if he has any cash) will be picking up shares at bargain basement prices.
Debeers is not stopid. They know the potential of mpv's ground more than anyone. they would not have entered the JV on the terms they did without doing their own DD. Their DD told them that there was the greatest potential for an economic discovery on the ak. IMHO by this time next year we all will be kicking our own butts if we did not take advantage of the current market price.
cheers
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