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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 whiteirishon Apr 11, 2018 1:43pm
91 Views
Post# 27867828

RE:RE:RE:Anyone have anything Positive to Post??? :(

RE:RE:RE:Anyone have anything Positive to Post??? :(No 3X Gold Bear ETFs in Canada ?  You did what the charts say to do.  However, if you would have bought physical gold in 1998, you'd have a 5X gain today and physical gold in your possession.

Buying MPV at 60 cents back when you could, you might be OK with $2.50 USD now, but look at the frustration you've had for 20 years.  

The gold price is manipulated by 'paper gold' - ie, futures contracts.   Most commodities have futures contracts that can be speculated on - your 2X SHORT is just that.

Too bad diamonds don't have futures contracts; you could have used them to SHORT diamonds a year ago.  That would be better than just SHORTing MPV.

And, I can pull out my gold coins anytime and smile;  if you don't have a commodity in your possession, you don't really have it.



GLTA with MPV, KDI, GGL and Margaret Lake diamonds; rock hounds love that dirt.
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