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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

Comment by MrCreositeon Jan 23, 2015 1:26pm
199 Views
Post# 23356668

RE:Prediction

RE:Predictionwell well, how about that.  For some reason I believe this poster's information is more than likely correct. Not sure why, but I do.  Passes the smell test. Its an easy test.  Here's how it goes:  Good new pending the stock trends towards UP. Bad news pending the stock trends towards DOWN! Easy Peasy!

Only thing I would add to this is the following:   If this happens, will this be the opportunity that the so called Three Irish Guys will get to pick off tons more stock at much lower prices?  So, in other words, would it actually be a good thing for them?  Would this not be an outcome that they actually DESIRE?

Thing about billionaires is, they really dont need the money from the banks.  Its not like the Project would stop moving forward.  So they are in a position to play as much of hardball as they wish.  And so, it appears, arte the banks.  The little guys will be bag holding big time , at least for a while longer.  But,m havent the little guys ben bag holding for a decade or more anyway?  So, whats another 3, 6, 9, 12 months?  Piece of Cake.

I surmise that if this news is true, and Mr. Evans issues a Friday Night Massacre Press Release, the stock price tanks a point or so.  Was this planned in advance?  Nah.....couldnt have been!


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