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Gold/Mining/Energy : Mountain Province Mining
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To: Domenic Caputo who wrote (30)3/8/1997 7:59:00 AM
From: Al Krasberg   of 47
 
I figure some people 'sold on the news'. It didn't plummet, so we should be OK. There were buyers as well as sellers.

I've been told that Monopros has agreed to release news in a timely fashion - something they have NOT done in the past.

It might take a while, but news releases every so often about drilling results, new kimberlite pipes, a bulk sample, etc. are going to make it climb. I thing Aber is a good model to follow.

Incidentally, if CFV gets the same deal per percent of the AK-CJ as Glenmore (which would seem pretty much a sure thing), my figures show a CFV share will convert to 59.4% of an MPV share. CFV closed yesterday at 44% of the value of an MPV share, so there's a bit of arbitrage to take advantage of. I've been playing it this way since just after the Tbag climb in MPV, so now am mostly into CFV.
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