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Gold/Mining/Energy : MPVIF Mountain Province Mining

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To: Gabriela Neri who wrote (1068)7/22/1998 7:30:00 AM
From: Chas.  Read Replies (2) of 2577
 
To all.....Now hear this.....whistle........ DeBeers is not about to bring another average resource to production at the expense of a billion dollars.....and that is the MPV story.....do your homework folks.......Now the good news.....DeBeers is definately interested in big stones.....big carat, high value stones....high end market..thank you.....they've got some of that with the SouthernEra M1 property that they outmaneouvered away from SUF.....they are also looking very hard at Winspear for several reasons.......big carat, high value stones....301$/ct , 341$/ton x minimum of 7 million tons...do the math.....also the close proximity to the AK, MPV property......when DeBeers decides to put it all together...and they will, then the MPV will soar.....that is about the only thing, other than "big carat" discoveries that can save MPV from a life in the bowl........eom
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