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Bullboard - Stock Discussion Forum 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... see more

TSX:MPVD - Post Discussion

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Post by claymore55 on Jul 26, 2022 12:17pm

NEWS RELEASES

For the past 8 months or so, we have had a non-stop release of good news, yet the stock price goes nowhere.  Does that strike anyone as rather odd?
Comment by MDiamont on Jul 26, 2022 12:23pm
Until they came out with a decent plan ref the $273M notes expiring in December, I don't believe any subtantial move will happen to this asset. Volume is too low and it should remain this way until clarity on debt restructuring.
Comment by explman on Jul 26, 2022 2:15pm
Follow the debt! Glad to see somebody out there understands a corporate balance sheet. Debt first, then equity.....Why do you think DD and the Irish lads loaded up on debt?
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