Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Mountain Province Diamonds Inc T.MPVD

Alternate Symbol(s):  MPVDF

Mountain Province Diamonds Inc. is a Canada-based diamond company. The Company’s primary asset is its 49% interest in the Gahcho Kue Mine, a Joint Venture with De Beers Canada. The Gahcho Kue Joint Venture property consists of several kimberlites that are actively being mined, developed, and explored for future development. The Company’s Kennady North Project includes approximately 113,000 hectares of claims and leases surrounding the Gahcho Kue Mine that include an indicated mineral resource for the Kelvin kimberlite and inferred mineral resources for the Faraday kimberlites. Kelvin is estimated to contain 13.62 million carats (Mct) at 8.50 million tons (Mt) at a grade of 1.60 carats/ton and a value of US$63/carat. Faraday 2 is estimated to contain 5.45Mct in 2.07Mt at a grade of 2.63 carats/ton and a value of US$140/ct. Faraday 1-3 is estimated to contain 1.90Mct to 1.87Mt at a grade of 1.04 carats/ton and a value of US$75/carat.


TSX:MPVD - Post by User

Post by ValueSpotteron Dec 06, 2014 7:25pm
432 Views
Post# 23203380

High stakes chess...

High stakes chess...Look how MPV has protected their material and look how DB has protected theirs. There is multiple levels of protection on both sides. So they both march towards production waiting for each other to show a weakness or make a mistake. Initially I thought DB would buy out MPV but now it appears that MPV could let the mine construction continue until close to production then make an offer to DB. Wouldn't that be a kick in the pants. DB builds the mine for MPV then MPV partners with a third party operator to buy out DB under more favorable terms for MPV. Then MPV decides about KDI which is being drilled 24/7. Now from DB perspective.. don't dare drill or explore the JV lands in case you find something and the price goes up... but... that also suits MPV and their third party operator because the value of the JV is lower. However, DB has lost... they just don't know it yet.... because if KDI comes in with over 2 cpt it is game over for DB. It would be like losing their queen. MPV would be in the drivers seat when negotiating terms with a third party operator and DB. KDI is the deciding piece... in my opinion.... we will see. VS
Bullboard Posts