Harry Winston Diamond Corporation HWD

HW share price and another to watch closely

[ljones1]

Nice to see the market activity on HW.    Even at $4.38 the shares are a bargain.    Could easily eclipse $5.00 in the next few weeks and start the move towards $6.00.   Glad I was buying a bunch over the past few weeks.

I think Mountain Province Diamonds (TSX: MPV) will be a company that Kinross/HW will be looking at closely -- and perhaps pursuing (as it also has been beaten down over the past 5 months -- $5.50 now down to $0.90).   MPV has a very robust deposit also in the Northwest Territories (where Diavik is located) that has 46 million carats (and potentially more).   I've been accumulating that one too.

L.J.

[ljones1]

An update from my post only 2 days ago   (I've had to increase the $ figures).     With the debt issue removed via the cash infusion by Kinross, Harry Winston will continue to move upwards...it was way oversold b/c of that concern (which is now gone).Nice to see the market activity on HW.    Even at $507 the shares are a bargain.