RE: Mountain Province Stock Price Probably those who sold thinking it was going to drop again. I have a co-worker who did exactly that and now he's scrambling around like a chicken with it's head chopped. Here's what he did. First dumb dumb move was selling all his KDI shares at $1.00, thinking it would go back to at least .50 cents. I told him to forget about them since they were free. Then he bought a pile of MPV at $3.50 and sold ALL at $4.00. He's been buying back this week.
MPV is not a traders stock, buy and hold AND accumulate in the dips. MPV will be over $5 soon as I said yesterday. I also believe MPV will still get bought out so that they can put all efforts in KDI. This is why KDI has such an aggressive timeline. If I was calling the shots and was THE major shareholder, I would try to get $15/share for MPV with a bottom price of $12 BUT with a sweet deal to use GK's processiong facility. Maybe even have a small royality/dividend from DB/GK revenue.
cb