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Bullboard - Stock Discussion Forum
Mountain Province Diamonds Inc
T.MPVD
Alternate Symbol(s):
MPVDF
Metals & Mining
Industrial Metals & Minerals
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.
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TSX:MPVD - Post Discussion
Mountain Province Diamonds Inc
> Now what?
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•••
Diamondboy123
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Post by
Diamondboy123
on Oct 31, 2022 7:13pm
Now what?
Consolidation? Up? Down? Volume still holding. Bids not bad although thinning a bit. Asks are light.
(5)
•••
claymore50
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Comment by
claymore50
on Oct 31, 2022 7:45pm
I say consolidation. To make a major move we are going to need these things to happen: 1.) Continued good earnings ( I beleive 3rd quarter wii be released on November 8). 2.) Final approval of debt restrucruring (December 1). 3.) Stock price gets to $1.00 in order for a relisting on a major exchange(s). 4.)Stock price gets to $2.00 for institutions to start buying. Then away we go
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