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Gold/Mining/Energy : MPVIF Mountain Province Mining

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To: RENO GAMBLER who wrote (1419)10/23/1998 7:51:00 PM
From: Chad Barrett  Read Replies (1) of 2577
 
Winspear it drilling a kimberlite dike... basically they haven't found a pipe yet. However the dike they are drilling appears to be quite large and the diamonds they recovered during last years drilling program gave a value of three hundred and some odd dollars (US) per tonne as I recall... and they also had a few very large stones! The blue sky potential for Winspear is if they manage to find the pipe (if there is one) that the dike came from.

I personally like both stocks right now. MPV because Debeers seems to be keen on them (probably thinking of them as one of their major chances to get a diamond mine in Canada). WSP because they are finding large, high quality stones and they have huge blue sky potential...
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