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Gold/Mining/Energy : Canadian Diamond Play Cafi -- Ignore unavailable to you. Want to Upgrade?


To: Just G who wrote (131)8/29/2002 12:40:58 PM
From: Famularo  Read Replies (2) | Respond to of 16206
 
MPV, Kennady Lake project is picking up steam within the De Beers organization as a top development priority. Kennady Lake is much more advanced than the Fort a la Corne and within the next twelve months, it may be more advanced than the Victor project,Ontario. There is a strong rumor that the Kennady Lake project may have cleared any economic shortfall and will become De Beers' top development priority. At its current stock price of 90cenys, 55.1 million shares fully diluted, and 36% net interest Mountain Province is undervalued. By the end of this year, De Beers will have over 5,000 carats from Kennady Lake on which it can base a decision. MPV can conservsatively double from current levels and possibly triple. It would not surprise me if it breaks 1.00 today.... frank