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Gold/Mining/Energy : MPVIF Mountain Province Mining -- Ignore unavailable to you. Want to Upgrade?

To: Chas. who wrote (2504)	3/30/2003 9:28:45 AM
From: Rocket Red	Respond to of 2577

2001 report from DTC on MPV It was observed at the DTC that a population of High Quality Diamonds (such as that of the 9.9 carat diamond valued at $60k US)exists amongst the diamonds recovered to date from Hearne & 5034 Pipes. De-beers has given no values in the modeled grades for this population of High Quality Diamonds in there modeled numbers. How many High Quality Diamonds were Found?(That we don't know) Its pretty clear there were more than 1 with high values. DTC would not have stated "A POPULATION OF HIGH QUALITY DIAMONDS"

To: Chas. who wrote (2504)	3/30/2003 9:29:35 AM
From: Rocket Red	Respond to of 2577

WWW International Diamond Consultants values Note the Differences between DTC and WWW Valuation of the 2000/2001 diamonds was conducted during November, 2002, by WWW. WWW indicated an overall average value based on its open market price book approximately 15 per cent to 20 per cent higher than that listed by De Beers for the same diamond parcels. The De Beers valuations were made using the DTC June, 2002, price book. The single large stone measuring 3.335 carats that was recovered from large-diameter drill hole 141-20 was given a value of $450 (U.S.) per carat, compared with $390 (U.S.) per carat attributed by De Beers. WWW also pointed out the technical difficulties of putting a realistic market value on a relatively small geological sample. The principals of WWW are associated with the Kensington technical committee and also may have a financial interest in Kensington Resources.