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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
> Stock price doesn’t lie
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•••
Diamondboy123
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Post by
Diamondboy123
on Aug 11, 2023 11:56am
Stock price doesn’t lie
This thing is a screaming short. McLeod is a savant. Called it for over a year. Sell ladies sell. Insiders are long gone. No ones buying. Everyone's selling.
(64)
•••
Power33
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Comment by
Power33
on Aug 11, 2023 12:28pm
I think warren buffett is on record for saying share prices do sometimes lie about the value of a company. He always invested based on the fundamentals of a company he could understand. He made over 600bn usd for Berkshire Hathaway on this principle. I think I would prefer to follow Warren than yourself strategy in trading shares. Your short will come back to bite you badly someday , when
...more
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