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

To: james flannigan who wrote (1580)	11/12/2003 11:12:15 AM
From: james flannigan	Respond to of 16206

Will also Debeers core business is MINING,they make a profit taking ore out of the ground.Just because they will not get to market any more diamonds from the deposit then they already have,therefore as you say no need to buy MPV.Then why the hell would they want to give up 40% of the mine cashflow and give MPV shareholders 40% of the profits to us? I would think that they have the money to build the mine themselves,afterall they have the money for Snap and Victor.I never seen them ask MPV shareholders to foot 40% of the bill for Victor and snap so that MPV could share the profits.Will you are a good newsletter writer,and always your DD is of the highest standard,but some times I think you miss the big picture.Any how either the seller of the stock today is right and the buyer is wrong,or the buyer is right and the seller is wrong,only time will tell James.

To: james flannigan who wrote (1580)	11/12/2003 1:12:46 PM
From: WillP	Read Replies (1) \| Respond to of 16206

Will,good points,but I have been following MPV from 1996 and can't recall ever reading where MPV took a 4500t bulk. Add up all of the samples from Tuzo, Hearne, 5034, and Tesla from 1998 to 2002. As for trying to figure the value of KL,it is not possible when you don't have the knowlege of the mined out value of the ore,only the future becoming history will in the end answer that question. Exactly. As for,please take no offence,but do you ever make money in the stock market? Not any more from resource stocks. I sure used to, however. You seem to put a negitive spin on good news with regards to MPV as if you belive that what Debeers says is comming from the most honest corporation on the planet. Well, I also "believe" what Jan Vandersande tells me. He's MPV isn't he? Just a minor adjustment to your statement, I usually put a counter spin to the spin ot others. It's called being a contrarian I think, although my wife says I'm just contrary. [grin] As for Debeers controling the KL deposit,well hear are the facts as I know them.There is 6000 kimberlite bodies discovered world wide,of that less than 1% are diamondiferous,of that there only 20 economic mines world wide.At this piont in time the major diamond producers are positioning for the rights to own the Canadian mines.If finding a diamond mine odds are 20 in six thousand, it seems a safe bet that MPV is one of them.When investing it pays to use common scence somtimes rather trying to confuse your self with numbers that have no meaning when you dont have all the facts. Time will tell. Regards, WillP