RE: Keep on Guessing !!! - Shnapps"DB is afraid to drill because they will have to pay more ."
Don't forget that the only way DB will get the remaining 49% of the JV is to make an offer for MPV that:
1] satisfies the TIGs (and accordingly the rest of us) w.r.t. the true value of GK, and
2] takes into consideration the overall value of MPV, whose assets don't just include GK
Mountain Province, as a company, has a lot going for it - except for the value one particular director contributes
- and other suitors, besides DB are aware of that. A value north of $10 is not unreasonable at this point in time. After the 2007 exploration program we could well see a $14+ value as not being unreasonable.
Let's face it, for many of us solidly onboard, MPV will have turned out to be a home-run when the dust settles.
Cheers,
Brit