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


To: WillP who wrote (2660)3/13/2005 5:44:06 PM
From: Chas.  Read Replies (1) | Respond to of 16206
 
Will, I dont see DeBeers rushing to buy out MPV ....no need to hurry...shareprice isnt going anywhere for awhile.

I suspect the FS will be a big anticlamatic event...

we already know the GK is going to be a mine someday... yesterdays market, todays market and tomorrows market already know that as well....

it is not going to be the news event that propels this play into the big bucks.....GK becoming a mine is defacto and allowed for in todays shareprice.

DeBeers has so much on their plate at present that they will be cautious and frugal from here on out...fact>>...they are still learning at Snap Lake....

there is no reason for them to hurry, time is on their side.

Everything will unfold to their (DeBeers) agenda and no one else's.

regards