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


To: skelly who wrote (910)6/10/1998 9:55:00 PM
From: Gabriela Neri  Read Replies (1) | Respond to of 2577
 
Chock full of diamonds-that is what the Hearn is-FULL OF DIAMONDS AND FULL OF LARGE STONES-JUST WHAT THE DOCTOR ORDERED. The distribution of large stones appears excellent. So, let me get it clear. In MPV we have a situation with improving fundamentals and a stock price which is declining. With the Dow Jones Industrials and the S&P 500, we have deteriorating fundamentals and an increasing price. Okay, whats the conclusion? The conclusion is there is no conclusion. Value will ultimately prevail, in both examples. Buy the dips. And by the way, if I were a betting man, I would bet that 5034 minibulk results are better than what is already out there. By that, I mean that I suspect that the ore value per ton will come in higher than $82.50. Lets wait to get all the data on grade on all pipes and then diamond values and then we get a reasonable estimate of tonnage from the company stated publicly. Then, we will all do the math and see what true in-situ value of the known ore body is. Then, we will get the official go ahead from DeBeers on proceeding to major bulk(a layup to happen at this point), and then the commencement of drilling. Delineation of that kimberlite intersection betwen Tuzo and 5034 will reveal more detail about that additional tonnage. And who knows, maybe DeBeers proves up a new pipe or two in the central portion of the AK. As long as the project is moving forward, that is what is important. The stock price will take care of itself , eventually. Whoever is out there whacking the bid side and driving it down will have a very painful culo sangrado at some point in time. La di da la di da. Dont let it get to you.