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

To: TrueScouse who wrote (2391)	2/3/2005 8:39:16 AM
From: james flannigan	Read Replies (2) \| Respond to of 16206

MPV is IMO about to double in the next few months,as debeers F-study will likely show that the project is a cash cow.The stock could double when Debeers confirms its intention to put C$700m in their budget for mine construction.At some point in the next few weeks after the study is released I expect that they will offer between $C5.00 to $6.00 for the outstanding shares of MPV.I think that Debeers will one day control most of the Canadian production.They may have been late to the party,but as we have seen with the hostile takeover of Winspear,they strike without warning.With the fact that they intend to spend C$ 2.5 billion in the next few years for mine construction in Canada it is clear that MPV will move to the top of the list.Debeers Toronto office employes 130 people planing the invasion to sew up the future Canadian production. Let the fireworks begin!!! BTW Jan at MPV has told me in the past that he expect Debeers to make a bid for MPV.In other words the company is for sale. James