Post by
ljones1 on Jun 04, 2009 1:16am
HW - buy MPV - buy
Today was a great day to get back into HW (for anyone who has been on the sidelines or who has traded out their position and wants back in). I bought 4,000 shares. This time I don't plan on trading them out. I will hold for the mid to long term -- expect to be out at somewhere b/w $15 and $20.
Have a look at TSX: MPV -- Mountain Province Diamonds -- recently announced 61 million carats in thei Gahcho Kue deposit in the Northwest Territories (where HW's Diavik mine is located). Trading cheap at $1.80. Worth picking some up at these levels. Who knows...MPV may ultimately be taken over by HW.
L.J.
Comment by
trader520 on Jun 04, 2009 10:37am
thanks for tip,yup, lost money today on qtr announcement, but going up.....following markets i guess, long term cant go wrong here. i'm long term on this one.MPV will take a look at, no coin in account right now to buy anything, but that can change any minute. thnks for tip,cheers
Comment by
Aberlour on Jun 24, 2009 5:02pm
MPV is a vassal of De beers and nothing will happen there until De Beers decides it will happen. For more than a decade they have turned procrastination into an artform with MPV.