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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 ValueSpotteron Feb 28, 2015 8:00pm
139 Views
Post# 23476511

RE:RE:RE:RE:Question for Shnapps, MrBigger, & kimber.

RE:RE:RE:RE:Question for Shnapps, MrBigger, & kimber.Nice post Cc... I agree with your analysis with one comment. As a Canadian investor my strategy will be to buy gold... physical gold that is... short the DOW... and buy oil stocks in the fall... my rational is that the Canadian dollar will rise as oil increases and oil will increase as the U.S. economy surges along. High oil prices and foreign QE will be the catalyst for the inevitable correction in the DOW. The problem is timing. As you are aware bubbles occur when there is a complete lack of rational thought so this may not occur this fall. It may be next fall. How this impacts MPV is as follows: It is my opinion that it will be sold prior to the aforementioned correction. Leaving Bottin with a nice profit and a new cycle to invest into. Possibly Gold and Oil. KDI will then become be their diamond exploration play. Bottin may not sell out completely either. They may elect to sell to a public Company but I doubt it. KDI will survive the cycle and be next big diamond mine. All my opinion.. one could say I have my head up my @$$. VS
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