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


To: zedex who wrote (1700)5/21/1999 3:02:00 AM
From: Larry G.  Read Replies (1) | Respond to of 2577
 
The results of bulk sample and exploration should be out in June. The delineneation showed the pipes were larger than expected. They hit 3 more pipe possibly (Wallace and 2 others) I heard but has not been confirmed they hit more kimberlite between 5034 and Tuzo which would make it possibly 4 pipes. One of the pipes was 12 km away from main area which could mean a completely new field. It is possible that all these pipes have diamonds. When you do a bulk sample you drill larger width hole so you usually get bigger size diamonds and higher evaluations of value of diamonds. I was thinking that we would see price rise just before the results but it has not happened.

Aber just hit $12.20. It seems to me that MPV will be better than Aber if all factors turn out positive. In a few days we will know. If these factors are all positive then the price should go up a lot. It does not make any sense that the price is so low now. I would think if all the results were positive we could see a triple but who understands this market?