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Gold/Mining/Energy : A CANADIAN DIAMOND HUNT -- Ignore unavailable to you. Want to Upgrade?

To: Letmebe Frank who wrote (850)	9/8/2002 11:02:35 PM
From: Rocket Red	Read Replies (1) \| Respond to of 930

Well at least we all agree there's a mine in the making! No who wins the price theory only time will tell! Rocket says price too cheap here Letmebe Frank says price is too high here WillP? The market will price MPV not us as we have no control over that unless we had money like Bill Gates then we would Say I will just Buy what ever I want>

To: Letmebe Frank who wrote (850)	9/9/2002 4:26:32 PM
From: Chas.	Read Replies (1) \| Respond to of 930

Frank, this puppy will be bought way before it ever reaches the production stage, so talking about that is irrelevant. It is about as low as it is going to get with all the pending news due to break. No comparison to Aber, Diamet.......big comparison to Winspear in this regard. DeBeers will attempt to buy on the cheap as with Winspear, only difference is MPV insiders and Bottin International have a price in mind and will probably not let go for much under that price. No one knows what that price tag is but we do know that DeBeers will not offer much more than $4c or $5c for the project......maybe $6c. At these prices it is a fairly certain money maker with very limited downside and a predictable upside. The longer the buyout is put off the greater the chance is that the Market will wise up and start to speculate on the play and thus create a speculation bubble, this is very possible considering the amount of news pending and the probable effect it will have on SP. The buyout offer could come tomorrow morning for all we know, I am quite certain DeBeers knows all it needs to know to make that type of decision, they certainly don't need a feasibility study to determine that. My guess is that the offer will come sooner than later, I mean within 3 months. regards Chuck