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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 tinytoton Feb 08, 2018 2:02pm
154 Views
Post# 27528140

RE:RE:RE:RE:The Tail Can Wag the Dog!

RE:RE:RE:RE:The Tail Can Wag the Dog!Does anybody think that institutional investors give a $hit about what we can have in ten years, much less 20 years?

Well, no, they don't. Neither does the majority of retail investors. 

What they care about is what diamonds are selling for NOW in Antwerp, and HOW SOON they can start seeing a real substantial profit and payback on their investment.

The only way the stock price is going to rise is if investors, big and small alike, can see profits being made and dividends materializing.

KDI can come up with the biggest, best diamond ever in a core sample and it will have zero effect on the stock price. Why? Because it's potential is so far into the future that nobody cares - this is no longer a exploration stock priced in the pennies. 

We are now in a "Forget the future, what have you done for me lately?" mode.

This stock is now a stock about profits and dividends, not exploration.

Get real and get that fact into your heads.

The obvious plan should go like this:

1. Become a cash cow.

2. After 4-5 years of cash cowness, shop for attractive properties, depending on how the future is looking on the existing property (based on that exploration drilling,) including the evaluation of KDI's potential.

3. Don't rush and be judicious.
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