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Gold/Mining/Energy : Mountain Province Mining
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To: Domenic Caputo who wrote (30)3/8/1997 12:34:00 AM
From: David R Girotto   of 47
 
Dom,

First of all welcome to S.I. I think you will be hooked and life will never be the same! Lets get down to business. Just got in and I haven't had a chance to read the release yet. This is the perfect example of buy on rumour and sell on news. We all expected that sooner or later a major would be involved. What we have now is credibility of the 5034 pipe. Debeers wants an economical pipe with LARGE diamonds. The presence of one large pipe alone is rare. Pipes are found in clusters and Debeers is betting on finding another. Thats what Aber has, and Aber has the backing of a major as well.
Aber floated between $8 and $11 for a year and a half. Patience is the key here. Accumulate on lows. The lesson is over, have a safe weekend.

Dave.
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